December ICE NY cocoa (CCZ24) today is down -121 (-1.56%). September ICE London cocoa #7 (CAU24) is down -98 (-1.73%). Cocoa prices today are moderately lower as forecasts for rain in West Africa improve the region’s cocoa crop prospects. Forecaster Maxar Technologies said that current rain in West Africa is expected to continue through the weekend, boosting soil moisture levels and cocoa yields. Cocoa prices also have negative carryover from Wednesday on news that showed Nigeria’s July cocoa exports jumped +31% y/y to 17,456 MT. Nigeria is the world’s sixth-largest cocoa producer. On Monday, …