Cocoa Ends 2024 With Huge Gains Amid Supply Fears and Thin Trade

(Bloomberg) -- Cocoa is finishing 2024 as the top-performing major commodity, its massive annual gain driven by supply fears and market volatility.Most Read from BloombergMigrant Crisis Pushed US Homelessness to Record High in 2024On track for a 175% gain over the past twelve months, cocoa’s tear has been driven by a series of poor harvests in Ivory Coast and Ghana, where the majority of the crop is grown. Dwindling global stockpiles are putting pressure on both buyers and chocolate makers. Reco