NEW YORK, March 31, 2011 - U.S. cocoa futures ended the first quarter of 2011 on Thursday by falling 2.7 percent from the previous quarter, posting its first quarterly loss since the second quarter of 2010.
The benchmark May cocoa contract on ICE Futures U.S. fell $35 to end at $2,952 per tonne. That is down 2.7 percent from the end of the 4th quarter of 2010 when it finished at $3,035 per tonne.----