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SOFTS HIGHLIGHTS : Top Stories Of The Day

04/30/2012 | 03:33pm US/Eastern
  TOP STORIES 
 
UPDATE: India Removes Restrictions On Cotton Export Registrations 

India has eased a nearly two-month restriction on cotton export permits, removing all barriers to shipments from the world's second-largest producer and bringing clarity to a situation that had been clouded amid differing positions staked out by the trade and farm ministries.

 
   COFFEE 
 
World Coffee Exports In March -6.7% On Year At 9.88M Bags - ICO 

World coffee exports in March fell 6.7% from the same month of 2011 to 9.88 million 60-kilogram bags, the International Coffee Organization said Monday.

 
   COCOA 
 
NY, London Cocoa Plunge On Technical Selling, Options Expiry 

Cocoa futures in both New York and London plunged Monday after longs liquidated positions and sell stops were triggered, which meant futures could not follow through to the upside.

 
Central Cameroon Cocoa Prices Up Again On Rising Demand -Farmers 

Farmgates prices for cocoa beans are slightly higher this week in Cameroon's second main cocoa-producing Center Region than just over a week ago, following increased demand, several cocoa farmers and traders said Monday.

 
   COTTON 
 
India Allows Fresh Cotton Export Permits -Trade Minister 

NEW DELHI (Dow Jones)--India has decided to allow fresh cotton exports and will begin the registration process for issuing export permits in a day or two, Trade Minister Anand Sharma said Monday.

 
   SUGAR 
 
Water Shortage Hits Cane Growth In India's Maharashtra State 

MUMBAI (Dow Jones)--A shortage of water has stunted the growth of sugarcane in Maharashtra and sugar output from the state, India's largest producer of the sweetener, could drop unless it received adequate rains during the June-September monsoon season, industry executives said Monday.

 
Australia's Mackay Sugar Buys Mossman Mill For A$25.3 Mln 

CANBERRA (Dow Jones)--Australia's largest locally owned sugar company Mackay Sugar Ltd. said Tuesday that it has bought the milling and related assets of Mossman Central Milling Co. for A$25.3 million (US$26.4 million).

-By Alexandra Wexler, Dow Jones Newswires; (212) 416-4883; alexandra.wexler@dowjones.com

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