Coffee and cocoa bean futures prices have seen some of the biggest increases among commodities in 2024, fueled by a sharp drop in supply and escalating global trade tensions. Cocoa bean prices rose by around 170% last year, while coffee prices rose by around 70%. According to an ING analysis, taken over by euronews.com, the cocoa bean market has experienced the largest global supply deficit in the last six years in the 2023-2024 growing season. This was mainly due to unfavorable weather in some