NY Cocoa Down 2%

Cocoa futures settled sharply lower Wednesday, extending Tuesday's losses. May Cocoa settled at 2855, down 58. Trading was weak most of the session and during the post-settlement trading, May Cocoa was trading at 2847. Sugar futures traded mostly steady to a little higher during a back and forth trading session. May Sugar settled at 13.14, up 0.12. Coffee futures traded actively and weak. May NY Coffee settled at 131.75, down 3.30. Cotton futures traded choppy and lower. May cotton was trading at 60.36, down 0.51. Orange Juice futures traded a little lower. May Orange Juice settled at 118.20, down 0.80.