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Ivory Coast Suspends Cocoa, Coffee Exports for Month

Cocoa exporters in Ivory Coast, the world’s biggest producer of the beans, have been ordered to suspend all cocoa and coffee shipments for a month, according to the government of president-elect Alassane Ouattara.

The halt in exports runs from tomorrow to Feb. 23, according to an e-mailed statement from the office of Prime Minister Guillaume Soro and signed by Ouattara’s Justice Minister Jeannot Ahoussou. Cocoa rose to an 11-month high in New York on Jan. 21 on speculation that steps to remove the incumbent president will disrupt exports.