Summary Box: Cocoa plunges on Ivory Coast fighting

AP News
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Posted: Mar 29, 2011 4:17 PM
Summary Box: Cocoa plunges on Ivory Coast fighting

FALLING COCOA: Cocoa prices plunged nearly 6 percent as Ivory Coast rebels advanced on the capital over a disputed presidential election that has ensnared the cocoa trade.

AG ANTICIPATION: Wheat, corn and soybeans rose ahead of a government forecast due Thursday that should detail what crops farmers say they will plant this year. The report has drawn more interest because of supply shortages in some agricultural products.

OIL GAIN: Concerns about ongoing violence in the Middle East and North Africa sent oil prices slightly higher on the day.