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SOFTS HIGHLIGHTS: Top Stories Of The Day91 days ago
LONDON (Dow Jones)--World 2009-10 coffee production may fall below 2008-09's estimated output of 128.1 million 60-kilogram bags, due to adverse weather in Brazil and Vietnam, the International Coffee Organization said Monday.
CARTAGENA, Colombia (Dow Jones)--World coffee demand continues to post healthy growth rates, and consumption is expected to increase by an average 1.8% per year until 2020, leading international coffee group Neumann said.
BOGOTA (Dow Jones)--Colombian sugar production in September 2009 was up 65% and reached 244,234 metric tons raw value, the Colombian Cane Sugar Producers Association, or Asocana, said Monday.
MANILA (Dow Jones)--Philippine raw sugar output in the crop year that began September is expected to rise 3% to 2.16 million metric tons due to favorable weather, the Sugar Regulatory Administration said Tuesday.
NEW DELHI (Dow Jones)--The delay in cane crushing in Uttar Pradesh, India's second-largest sugar producing state, may hit the country's sugar output in the marketing year that began Oct. 1, the federal farm minister said Tuesday.
MOSCOW (Dow Jones)--Ukraine is expected to harvest 10 million metric tons of beet and produce 1.2 million tons of refined sugar from it in 2009, the agriculture ministry said Tuesday.
Sugar futures finished with a marginal loss Monday, unable to hold onto early gains from weakness in the dollar and strength in other commodities, with some longs exiting positions and perhaps some traders starting to focus on expectations for a larger crop next year.
IBADAN, Nigeria (Dow Jones)--Largescale harvesting of the 2009-10 main cocoa (September-January) is underway in southwestern Nigeria following the end of the rainy season, traders and a cocoa official said Monday.
U.S. cocoa futures fell to 3 1/2-week lows Monday, after early technical buying ran out of steam and allowed bears to regain control of a market that has been in overall decline for the last two weeks.
CARACAS (AFP)--Venezuela said Monday it would expropriate a coffee company and take majority ownership of a second domestic coffee company, the latest in a series of nationalizations by the country's leftist government.
SAO PAULO (Dow Jones)--Brazil's total green coffee exports reached 2.53 million 60-kilogram bags in October, the Brazilian Green Coffee Exporters Council, Cecafe, said Friday.
Arabica coffee futures fell from their perch Monday after profit-taking and light origin selling combined to knock values toward session lows by the close.
-By Caroline Henshaw, Dow Jones Newswires; 4420-7842-9478; caroline.henshaw@dowjones.com
Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=QfH2r6Cl9SvBxovETZx1rA%3D%3D. You can use this link on the day this article is published and the following day.
(END) Dow Jones Newswires
November 10, 2009 06:22 ET (11:22 GMT)
TOP STORIES
ICO: World 2009-2010 Coffee Output Could Fall On Year
World Coffee Consumption Seen Growing 1.8% Per Year To 2020
Colombia Sep 2009 Sugar Production Up 65% At 244,234 Tons
SUGAR
Philippines 2009-10 Raw Sugar Output To Rise 3% To 2.16M Tons
Late Cane Crushing In Key Indian State May Hit Sugar Output-Min
Ukraine Lowers Sugar Beet Harvest Forecast
ICE Sugar Review: Slight Loss; Unable To Hold Early Gains
COCOA
Main Cocoa Harvest Well Underway In SW Nigeria-Traders,Official
ICE Cocoa Review: Closes Lower After Tech Buying Fades
COFFEE
Venezuela Targets Coffee Company For Nationalization
Brazil Green Coffee Exports At 2.53M Bags In Oct - Cecafe
ICE Coffee Review: Up; Traders Take Profits, Origin Sales Seen
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