NY Soft Commodities End Day Mixed: Coffee Lower, Cotton Higher
March Coffee Futures closed the day lower at $172.30, down 2.40. Brazil's Agricultural agency CONAB raised its estimate slightly for coffee production this year from 45.1 million bags to 45.3 million.
March Cocoa Futures ended a quiet trading day at $2986, up 6. March Cotton Futures closed the session adding to earlier gains, closing about 1.18 higher at $62.07. Chatter about plantings continues to support Cotton.
March Sugar Futures settled down 0.16 at $14.82, pretty much near the lows of the day. Weak energy prices pressured sugar as the day wore on.
NY March Orange Juice Futures ended the session down 1.95 at $140.15.
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