Thursday, June 7, 2007

Cocoa Declines Most Since April as Rains Fall in West Africa, Bolster Crop

(Bloomberg) -- Cocoa in New York fell the most in
six weeks on forecasts for rains in West Africa that may help
the next crop.

Showers and thunderstorms are expected during the next five
days in Ivory Coast and Ghana, the world's biggest cocoa
growers, said Meteorlogix LLC of Woburn, Massachusetts. Rain
fell in the past day, the forecaster said.


Read more at Bloomberg Commodities News

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