December ICE NY cocoa (CCZ24) on Monday closed up +199 (+2.55%). September ICE London cocoa #7 (CAU24) did not trade Monday, with markets in the UK closed for a bank holiday. NY cocoa climbed to a 2-month high on Monday due to concerns that excessively dry conditions in West Africa could curb the region’s cocoa production. Forecaster Maxar Technologies recently said that top cocoa-producing countries Ivory Coast and Ghana had seen a “significant decrease in shower activity” over the past month, leading to below-normal soil moisture and limited crop growth. Lower cocoa production in the Ivory C…