Cocoa Futures Extend Losses

March New York Cocoa is trading at 1935, down 39 $/MT. May New York Cocoa is trading at 1958, down 38 $/MT. New York Cocoa futures are trading choppy and at new nearby contract lows. In other New York Soft commodities; March Coffee is trading at 145.70, up 0.50 cents/lb. March Sugar is trading at 20.33, down 0.32 cents/lb. March Cotton is trading 75.81, up 0.23 cents/lb. March Orange Juice is trading at 171.00, down 3.00 cents/lb.