Nigeria Cocoa Midcrop Yield Seen at 25-Year Low on Weather

  • Farmers reporting output decline of as much as 70 percent
  • Cocoa crop hurt by prolonged dry spell early this year

Nigeria’s cocoa midcrop output is seen falling by as much as 70 percent this year from the previous season after unfavorable weather took a toll on the crop earlier in 2016, farmers said.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.