Nigerian Cocoa Production Also Down

Despite an uptick in August (deliveries ran 48% higher than for the same month a year earlier) overall cocoa production in Nigeria, the world’s fourth largest cocoa producer, was down for the last cocoa year. Total production for 2008-09 amounted to 156,320 tonnes according to a Bloomberg report. That’s over 10,000 tons below the previous year. Yet more confirmation that 2008-09 was a poor year for the largest cocoa producers.