(Bloomberg) -- Cocoa fell in New York, as favorable rains were forecast for West African crops and Rabobank said this year’s historic rally has probably...
-- Cocoa fell in New York, as favorable rains were forecast for West African crops and Rabobank said this year’s historic rally has probably peaked.‘Seriously Underwater’ Home Mortgages Tick Up Across the US
“A combination of weakening global demand and production responses, particularly from countries without a fixed farmgate price, will help alleviate the pronounced uncertainty baked into current futures pricing,” he said. Still, “it’s likely that inflated cocoa prices will stick around for the next few years.”
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