Coffee Sharply Lower, Cocoa Higher

Coffee futures settled sharply lower on Thursday. Trading was weak and brisk as general selling occurred before the end of the trading session. July Coffee settled at 128.45, down 7.55. September Coffee settled at 131.25, down 7.45. Cocoa futures settled higher on Thursday erasing Wednesday's losses. July Cocoa settled at 3163, up 38 and September Cocoa settled at 3149, up 39. Sugar futures traded mostly lower on Thursday during a choppy trading session. July Sugar settled at 12.49, down 0.10 and October Sugar settled at 12.85, down 0.10. In other N.Y. Soft Commodities, Cotton futures traded mostly lower on Thursday. July Cotton at last check was trading at 63.83, down 0.32 and July Orange Juice settled at 117.35, up 2.30.