This article is brought to you by:
CONSENSUS

THE ACUVEST LETTER
28581 Front Street, Suite 100, Temecula, California
909-693-9600

(March 8, 2002) COCOA: May cocoa gained 3 points to close at $1524 per tonne after touching contract highs around $1535 and remaining within its trading range. While we had been bullish on cocoa, we are now moving completely to the sidelines even though current momentum could push prices higher. Arrivals from Ivory Coast up to a million tonnes in late February may indicate further supply without the corresponding increase in demand.

John L. Caiazzo
www.acuvest.com
E-mail: futures@acuvest.com

Back To Food & Fiber Index


Back To Sample Issue Index

Hosted by:
CONSENSUS, INC. AND INVESTORS CO-OP
P.O. Box 520526
Independence, MO 64052-0526
816-373-3700
Fax: 816-373-3701
editor@consensus-inc.com