DJ SOFTS HIGHLIGHTS: Top Stories Of The Day
5:31 AM, July 31, 2009

TOP STORIES

=Reduction Looms For Brazil’s Main Cane Crop – Analysts

SAO PAULO (Dow Jones)–Wet weather threatens to reduce the size of the
2009-10 sugarcane crop in Brazil’s center south region, but crop specialists
are divided about how much lower production will be.

Fortis Ups 09-10 World Coffee Surplus To 14.86M Bags

LONDON (Dow Jones)–World 2009-10 (October-September) coffee production is
expected to exceed consumption by 14.86 million 60-kilogram bags, said Fortis
Bank in its monthly report Thursday.

SUGAR

=India Extends Raw Sugar Import Deadline To March 31

NEW DELHI (Dow Jones)–India’s federal government has extended a July 31
deadline for tax-free imports of raw sugar to March 31, 2010 and is allowing
white sugar imports by private trade, farm minister Sharad Pawar said in
parliament Friday.

Brazil Sugar Lineup Up At 50 Ships In Latest Week -Williams

SAO PAULO (Dow Jones)–The lineup of vessels expected to load sugar at
Brazilian ports in the days and weeks ahead rose by seven to 50 ships in the
week ended Wednesday, according to the Williams Brazil shipping agency.

ICE Sugar Review: Funds Drive Market To New 3 1/2-Year Highs

Raw sugar futures climbed to new 3 1/2-year highs Thursday, bolstered by
speculative fund buying amid bullish fundamentals and strong technical
purchases.

COCOA

Cocoa Quality Improves As Rain Subsides In SW Nigeria -Traders

IBADAN, Nigeria (Dow Jones)–Heavy and continuous rainfall has subsided in
Nigeria’s key southwestern cocoa belt and cocoa quality is improving, traders
said Thursday.

ICE Cocoa Review: Rallies On Spillover, Bullish Supply Ideas

NEW YORK (Dow Jones)–Spillover buying from rallying commodities and equities
pushed ICE Futures U.S. cocoa higher Thursday as outlooks for bullish 2009-10
fundamentals added support.

COFFEE

Honduras Oct 1-Jul 29 Coffee Exports Down 9.6% At 2.833M Bags

Honduran coffee exports from the beginning of the 2008-09 cycle Oct. 1
through July 29 were down 9.6% at 2,832,548 bags of 60 kilograms each, the
Honduran Coffee Institute, or Ihcafe, said Thursday, releasing the latest
figures for the current cycle.

Brazil Jul 1-29 GreenCoffeeExports At 1,564,228 Bags-Cecafe

SAO PAULO (Dow Jones)–Brazilian green coffee exports for July 1-29 hit
1,564,228 60-kilogram bags, according to preliminary figures from the Brazilian
Green Coffee Exporters Council, or Cecafe.

ICE Coffee Review: Rises As Commodities, Equities Leap

NEW YORK (Dow Jones)–Climbing equities and commodities markets pulled ICE
Futures U.S. arabica coffee higher Thursday as the weaker U.S. dollar added
support.

-By Michael Haddon, Dow Jones Newswires; 4420-7842-9289;
michael.haddon@dowjones.com