SOFTS HIGHLIGHTS : Top Stories of the Day
06/25/2012| 03:37pm US/Eastern
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TOP STORIES
UPDATE: Cotton Futures Extend Retreat, Now Tumbling 7.9%
NEW YORK--Front-month cotton on the ICE Futures U.S. exchange plunged for the fourth session in a row Monday morning in very light volume trade.
NYSE Euronext: Money Managers Increase Net Long in Liffe Softs
LONDON--Money managers increased their net long futures and options position, or bets on higher prices, in NYSE Liffe sugar, cocoa and coffee in the week to June 19, exchange data showed Monday.
COCOA
Hershey Raises Long-Term Growth Target
NEW YORK--Hershey Co. (HSY) sweetened its long-term growth outlook with plans that include an ambitious push by the iconic U.S. company to become more global.
COFFEE
Hundreds Feared Dead in Uganda Coffee Region Landslide--Minister
KAMPALA, Uganda--Hundreds of people are feared dead after a landslide swept though a village in Uganda's Arabica coffee hub of Bududa, a government minister said Monday.
SUGAR
Rain in Mexico's Veracruz State Seen as Good for Sugar Crop
MEXICO CITY--Regular rainfall in Mexico's top sugar-producing state of Veracruz bodes well for the country's 2012-13 sugar crop, a top Mexican sugar official said Monday.
Kenya March 2011-Feb 2012 Sugarcane Deliveries Down 6.6%--Central Bank
Kenyan sugarcane deliveries to mills declined by 6.6% in the Mar. 2011 to Feb. 2012 period to 5.40 million metric tons, from 5.78 million tons in the previous year period, the Central Bank of Kenya said in its Monthly Economic Review for March posted on its website Monday.
Write to Alexandra Wexler at alexandra.wexler@dowjones.com
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