Sugar, Robusta Coffee and Cocoa Futures Decline on London's Euronext.liffe

(Bloomberg) -- White sugar, robusta coffee and cocoa
futures declined in London.

Refined, or white, sugar futures fell 30 cents to $324.70 a
metric ton as of 9:50 a.m. on the Euronext.liffe exchange. Cocoa
dropped 11 pounds to 1,096 pounds ($2,208) a ton, and robusta
coffee fell $9 to $1,888 a ton.


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Cocoa Jumps in London After Plane of Ivory Coast Prime Minister Attacked

(Bloomberg) -- Cocoa jumped in London after a plane
carrying the prime minister of Ivory Coast, the world's biggest
grower of the beans, was attacked.

The plane carrying Guillaume Soro was attacked with rockets
and small handguns shortly after landing at an airport in the
central town of Bouake today, said Lee Woodyear, a United Nations
spokesman. While three people were killed, Soro survived the
attack, Agence France-Presse reported.


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Cocoa Rallies to 1-Month High as Strike in Nigeria Disrupts Farmer Exports

(Bloomberg) -- Cocoa rose to a one-month high in
New York after a four-day strike in Nigeria, the fourth-largest
producer last year, disrupted exports and renewed concerns that
demand may outpace supply.

The strike will cause ``delayed exports,'' Akinwale Ojo,
the secretary-general of the Cocoa Association of Nigeria, said
June 22. Ports were shut and a fuel shortage prevented farmers
from transporting beans. The International Cocoa Organization
says global demand will exceed supply by 145,000 metric tons
this year.


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Ivory Coast Raises Cocoa Production Forecast by 3.7 Percent, Ministry Says

(Bloomberg) -- Ivory Coast, the world's biggest
cocoa grower, increased its forecast for this year's harvest of
the chocolate ingredient by 3.7 percent, the Economy and Finance
Ministry said.

Cocoa production may be 1.40 million metric tons in the
year to Dec. 31, up from a previous estimate of 1.35 million
tons, according to a document handed to Bloomberg News yesterday
by a ministry official who asked not to be identified. The west
African nation produced 1.36 million tons of cocoa last year.


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Cocoa Rallies on Speculation Raise Will Fail to Boost Ivory Coast Harvest

(Bloomberg) -- Cocoa in New York rose the most in
eight sessions on speculation that recent rains may not help the
crop in Ivory Coast, where supplies available for export already
lag behind last season.

About 1.075 million metric tons of cocoa arrived at ports
from Oct. 1 to June 3 in Ivory Coast, the world's largest
producer, down 9.3 percent from the same period a year earlier,
according to a Sucden Research report. The International Cocoa
Organization's forecast that the country's current crop will
reach 300,000 tons is ``too optimistic,'' said Adam
Klopfenstein, a senior market strategist for Lind-Waldock.


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