SOFTS — London cocoa sets one — month peak, coffee also rises
(Adds comments and closing prices) NEW YORK, Oct 14 (Reuters) — London cocoa futures rose to a one-month high on Wednesday, supported by concerns that dry weather could curb production in West Africa this season. Cocoa London cocoa settled up £25, or 0.6%, at £4,317 per metric ton,after setting a one-month high of £4,499. Dealers said dry weather in Ivory Coast and parts of Ghana had contributed to the run-up in prices, intensifying concerns about the impact of an El Nino weather event on crops. They noted third-quarter cocoa grind data should provide a short-term focus. Reports covering both Europe and North America are due to be released on Thursday. Ivory Coast's cocoa grind rose 46.6% year-on-year in September to 49,517 metric tons of beans, data from exporters' association GEPEX showed on Wednesday. New York cocoa was little changed at $5,735 a ton. Coffee Arabica coffee settled up 5.35 cents, or 1.8%, at $2.9805 per lb, a one-week high. Dealers said the market was supported partly by concerns that an El Nino event will curb global production in the 2027/28 season. The recent strength of Brazil's real currency, linked to the growing expectations that Flavio Bolsonaro will b