COPAL COCOA Info

Large specs as of Jul 14 sharply cut their moderate to a small long position of 6,576. USDA coffee summary: 2009-10 world coffee production 127.4 mln bags (-5.5% vs 2008-09’s record 134.8 mln bags); 2009-10 world ending stocks at 35.3 mln bags (-12% vs 2008-09’s 40.1 mln bags). COCOA —Sep cocoa prices surged to a 10-3/4 month high. ................
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