Softs Report 09/09/2026

COTTON
General Comments: Cotton was lower yesterday on selling tied in part to release of private production estimates before the USDA reports later this week. Stressful weather conditions continue. USDA this week showed that conditions are now . Progress is about average with the crop now 7% harvested. Forecasts and reports of scattered to isolated showers in Cotton areas continue for the Delts, and the Southeast. Temperatures will be warm to hot in all areas.
Overnight News
Chart Trends: Trends in Cotton are down. Support is at 85.20, 82.60, and 82.00 December, with resistance of 94.20, 95.40 and 96.60 December.

FCOJ
General Comments: Futures were lower yesterday on selling ahead of the USDA reports this week. It is still dry in Florida but showers are showing up. The weather for the next crop is seasonal and some rains are now being reported. The weather is considered good for production in Mexico but it is dry in Brazil. Many areas are drying out seasonally.
Overnight News: ICE said that 0 notices were posted for delivery against September contracts and that total deliveries fort the month are now 0 contracts.
Chart Trends: Trends in FCOJ are mixed. Support is at 128.00, 125.00, and 122.00 September, with resistance at 159,00 167.00, and 174.00 September.

COFFEE
General Comments: New York was much lower and London was higher yesterday Trends are down in Ne York but mixed in London. Brazil coffee is being offered now in increasing quantities as harvest has been active despite increased rains. The next crop is developing in the rest of South America amid scattered to isolated showers. Indonesia is now about done with its harvest. Asian conditions are called good. Other world production conditions are generally good. Mexico is in good condition, but Central America is dry.
Overnight News: The ICO average price is 267.23 ct/lb. ICE NY said that 4 notices were posted for delivery against September futures and that total deliveries for the month are now 212 contracts
Chart Trends: Trends in New York are mixed to down. Support is at 285.00, 270.00, and 264.00 December, and resistance is at 317.00, 322.00 and 329.00 December. Trends in London are mixed to down. Support is at 3200, 3140, and 3080 November, with resistance at 3610, 3690, and 3770 November.

SUGAR
General Comments: New York was higher and London was lower yesterday and trends are mixed on the daily charts in both markets. Drought in Europe and Brail are a major concern but seems to be easing now with the crop mostly made in Europe. The hot and dry weather was causing losses in Sugar beets production. There have been some rains in center-south Brazil causing some harvest delays. Indian production is less after hot and dry conditions and production in the rest of Asia could be hurt by El Nino weather.
Overnight News:
Chart Trends: Trends in New York are mixed. Support is at 1800, 1750, and 1720 March and resistance is 1960, 2020, and 2080 March. Trends in London are mixed. Support is at 513.00, 506.00, and 499.00 December, with resistance at 554.00, 566.00, and 572.00 December.

COCOA
General Comments: New York and London were lower yesterday. Daily chart trends are turning down and weekly trends are mixed. A big main crop harvest has arrived in West Africa and rains have been positive for the next crop. There are still reports of increased production potential in other countries outside of West Africa, including Asia and Central America. The market feels that there is less demand due to the high prices seen last year but demand has started to increase.
Overnight News: ICE NY said that 5 notices were posted for delivery against September futures and that total deliveries for the month are now 583 contracts.
Chart Trends: Trends in New York are mixed to down. Support is at 5720, 5600, and 5500 December, with resistance at 6840, 6900, and 6960 September. Trends in London are mixed to down. Support is at 4120, 4040, and 3820 December, with resistance at 4920, 5040, and 5160 December.

Questions? Ask Jack Scoville today at 312-264-4322