Cocoa prices – will 2012 bring a third year of decline?

Agrimoney (Dec. 30, 2011) | Cocoa prices look set to end 2011 more than 30% lower than they started the year, in both London and New York. This will mark the second successive year of decline, falls fostered by the La Nina weather pattern which for cocoa, unlike other farm commodities, is a fillip for output.