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Approximately half of the world's cocoa comes from the Ivory Coast and Ghana with the Ivory Coast supplying more than a third on its own. We've written extensively on the background of Ivory Coast politics, the ouster of Laurent Gbagbo and what Alassane Ouattara means not only to the country but also the global cocoa market. Currently, cocoa prices are the lowest they've been in a decade. We'll explain what is happening structurally within the cocoa market as well as what actions the market's biggest players are taking right now as a follow-up to the Brown Cow Spread in the March issue of Modern Trader magazine.