The dollar pushed higher on renewed concerns about euro-zone debt, then trimmed its gains as investors moved back into riskier assets. The... »
SUMMARY- Tropical showers and thundershowers yesterday, most numerous during the afternoon hours, 0.10-2.00+ inches (3-51+ mm). Temperatures 77-94F (25-34C). FORECAST- TODAY...Showers and thundershowers. Rainfall amounts »
U.S. cocoa futures for May delivery were hurt by a firm U.S. dollar against sterling and fell to their lowest level in 6 1/2-months Tuesday, though traders pared the day's worst losses by the close. Most active May cocoa lost $32, or 1%, to settle at $2,802 a metric ton. »
Nigeria's southwest Ondo state, the country's largest cocoa producer, graded 76,399 metric tons of cocoa for export in 2009, up from 60,039 tons in 2008, Ali Olanusi said on behalf of state governor Olusegun Mimiko Tuesday. »
Cocoa production in Nigeria has fallen in the past two years because of neglect by the federal government-backed National Cocoa Development Committee, or NCDC, a senior state official said Tuesday. »
ICE cocoa futures fell to 6 1/2-month lows Tuesday morning, pressured by speculative fund sales linked to a firm U.S. dollar and losses in the commodity indexes. A lack of fresh fundamental news and renewed strength in the greenback is pressing most »
The average price paid for one kilogram of cocoa beans at Ivory Coast's farm gates in the week 1-7 March was 950 CFA francs/kg, or $1.97/kg, down from 1035 CFA francs/kg the previous week, according to data from »
SUMMARY- Additional showers and thundershowers yesterday, most numerous during the afternoon hours, 0.10-2.00+ inches (3-51+ mm). Temperatures 77-94F (25-34C). »
The World Cocoa Foundation on Monday said it is launching the Cocoa Livelihoods Program in Nigeria in an attempt to improve the lives of nearly 30,000 cocoa farmers in the country by 2014. The WCF said in a statement that the program, »
Cocoa futures prices sagged Monday as the market consolidated near recent lows. Most-active May cocoa settled down $31, or 1.09%, at $2,834 a metric ton. Cocoa prices have fallen 19.25% since hitting 30-year highs on Dec. 16. The stronger dollar and »
The main crop harvest in Nigeria's southwestern cocoa belt is already over, traders and cocoa officials said Monday. "Cocoa trees are bare of maincrop pods. You can only see the midcrop cocoa developing on the »
Ivory Coast exported 119,830 metric tons of semi-manufactured cocoa products in October-January, the first four months of the 2009-10 season, down by 8,586 tons, or 6.7% on the 128,416 tons shipped in the same period last season, official port data showed »
ICE cocoa futures are weaker after finding resistance at the top of Friday's range. Most-active May cocoa is down $24 at $2,841 a metric ton. Cocoa futures are trading on technical cues and under the influence of outside markets with little »
Liffe cocoa futures trade slightly lower with some structural activity, says London-based broker. "The mid months are firmer," but the market is quiet, says broker. May -GBP6, or 0.3%, at GBP2,170/ton. New York's »
SUMMARY- Showers and thundershowers over the weekend, most numerous during the afternoon hours, 0.10-2.00+ inches (3-51+ mm). Temperatures 77-94F (25-34C). FORECAST- TODAY...Additional showers and thundershowers. Rainfall amounts 0.10-1.25+ »
Cocoa marketing has resumed after being suspended in Nigeria's Cross River state last month because of the uncertainty about prices, traders and an industry official said Saturday. "The prices have crashed further," Sayina Riman, national publicity secretary of the Cocoa »
The main harvest of the cocoa crop in Nigeria's southeastern Cross River state has ended, traders and an industry official said Saturday. Harvesting began in late August and was expected to have ended in January or February but was »
The price of graded cocoa in southwestern Nigeria remained steady at 450,000 naira ($2,980) a metric ton this week, buyers said Friday. Last week, graded cocoa--which has been certified fit for export--sold at the same price. »
U.S. cocoa futures closed higher Friday, lifted by speculative buying as the market posted a technical bounce from oversold conditions. Most active May cocoa rose $36, or 1.3%, to settle at $2,865 a metric ton. Nearby March added »
ICE cocoa futures are trading near session peaks, gaining strength after U.S. jobs data came in better than expected, which helped firm equities and encouraged speculative fund buying in commodities. Commodity gains are led by a »
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