I here the banking test data is looking better than previously thought. Positive reaction in the broader equity markets may lend a further assist to the softs.

Coffee that Brazilian coffee option program being formalized is making waves. Coffee prices ought to head higher soon, but maybe not without a shake out prior to the options expiring in NY on Friday. Either 130, or 120 seem possible to me still. But a key area is 122.35 where I have raised my stop.

Cotton looking for poor export numbers, either tomorrow, next week, or both. Such news may convince longs to seek a profit and that’s why i bought put. Don’t have guts to sell futures here, nor to buy them.

Sugar dinner tonight, think a day of higher in store following, but Friday could be interesting.

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