DJ MARKET TALK: Liffe Sugar Mixed, Underpinned By Supply Concern
6:16 AM, February 13, 2009

1116 GMT [Dow Jones]–Liffe white sugar futures trade mixed, supported by
supply concerns. “The 2009-2010 timeframe will be a supply/demand deficit year
and if any additional supply problems due to weather creep up in India, China
or Brazil, it could really set sugar on fire,” says Shawn Hackett of Hackett
Financial Advisors. March -$1.40, or 0.4%, at $386.00/ton. New York’s
most-active raw sugar futures +6 points, or 0.5%, at 13.91 cents a pound. (SMC)DJ MARKET TALK: Liffe Coffee Up, Bullish Supply Outlook
6:21 AM, February 13, 2009

1121 GMT [Dow Jones] Liffe robusta coffee futures trade higher benefitting
from a bullish supply outlook. An expected deficit of somewhere between 7 to 12
million bags in the 2009/2010 crop year is supporting the market, says Shawn
Hackett of Hackett Financial Advisors. “Producing countries will only have
around 17 million bags in reserve,” says Hackett. “This sets up for a new
record low in ending stocks in producing countries at around 5 million bags.”
Adds due to Brazil, Vietnam and Peru all being in their ‘off’ year of the
biennial crop cycle, global production could “fall anywhere from 10 to 15
million bags from this year’s 135 million bags number to between 120 and 125
million bags.” March robusta +$20, or 1.3%, at $1,595/ton. New York’s
most-active arabica futures +85 points, or 0.8%, at $1.1300 a pound. (SMC)
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(END) Dow Jones Newswires