What is the Average Cost of Cocoa per Ton/Ounce? Average Cocoa Price

Cocoa comes from the cocoa bean. Cocoa beans are dried and fermented seeds from Theobroma cacao. Cocoa solids and cocoa butter are extracted from this plant, which are the basis of chocolate and other foods. The seeds are soft and turn violet or reddish brown when drying, although some rarely remain white. The average cost of cocoa which is made from cocoa beans is $2900 per metric ton.