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SOFTS HIGHLIGHTS : Top Stories of the Day

06/20/2012| 03:27pm US/Eastern
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UPDATE: NY Cotton Futures Down By Exchange-Permitted Limit 

NEW YORK--Cotton futures plunged by 5.7% in midday trading Wednesday, a sharp turnaround from a nearly week-long rally that sent prices to their highest point since late April.

 
   COFFEE 
 
Kenyan Coffee Output Will Fall As Prices Drop-Farmers And Traders 

Falling coffee prices will reduce Kenya's coffee output in the short term as farmers find it less attractive to invest in growing the commodity, farmers and trade groups in the country told Dow Jones Newswires.

Write to Alexandra Wexler at alexandra.wexler@dowjones.com

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