Cocoa futures jump to two-week high

Cocoa futures traded at a two-week high due to concerns over wet weather in Indonesia, the third-largest producer in the world. Cocoa for December delivery was up 3.1% on the ICE Futures U.S. exchange. Since August, cocoa futures have increased 26%, and the International Cocoa Organization predicts that supply will be 70,000 metric tons short of demand in the new season that began Oct. 1.

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