September ICE NY cocoa (CCU24) today is up +272 (+3.27%), and September ICE London cocoa #7 (CAU24) is up +209 (+3.06%). Cocoa prices today recovered from early losses and are sharply higher on lower cocoa production in the Ivory Coast, the world’s largest producer. Government data today showed that Ivory Coast farmers shipped 1.62 MMT of cocoa to ports from October 1 to July 14, down by -29% from the same time last year. Trader Ecom Agroindustrial projects Ivory Coast cocoa production in the 2023/24 marketing year, which ends in September, will fall -21.5% y/y to an 8-year low of 1.75 MMT. Si…