Coffee Futures Move up

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September Coffee is trading at 154.55, up 2.40 cents/lb. December Coffee is trading at 157.50, up 2.40 cents/lb. Coffee futures are trading at the session highs. Market chatter about better demand ideas and talk about a truckers strike in Colombia has kept buyers active. The ICE exchange coffee stocks increase by 1,075 bags on Thursday to 1.297 million bags and are near the lowest level since 2011. Some chatter about a little producer selling near 157.50 for September is showing up. Trading is expected to be choppy. In other New York Soft commodities; September Cocoa is trading at 3165, up 8 $/MT. October Sugar is trading at 19.67, down 0.24 cents/lb. December Cotton is trading 74.88, up 1.01 cents/lb. September Orange Juice is trading at 183.55, down 0.65 cents/lb.
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