Coffee Futures Extend Gains

September Coffee is trading at 148.20, up 4.10 cents/lb. December Coffee is trading at 151.15, up 4.10 cents/lb. Coffee futures have extended the session gains. India's coffee board has forecast 2016 to 2107 coffee production to be down 8 percent due to growing conditions. Chatter about weather forecasts for Brazil's growing areas is ongoing. Trading is very choppy. In other New York Soft commodities; September Cocoa is trading at 3103, up 6 $/MT. October Sugar is trading at 19.88, up 0.31 cents/lb. December Cotton is trading 66.87, up 1.06 cents/lb. September Orange Juice is trading at 185.65, down 2.30 cents/lb.