Softs Report 08/04/2026

DJ U.S. June Coffee, Cocoa Imports-Aug 4
Note: data added for candy containing chocolate, filled blocks/bars, retail.
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Jun 2026—- —-May 2026—-
-coffee- kilograms pounds kilograms pounds
coffee, unroasted 85,865,684 189,333,833 83,083,525 183,199,173
coffee, roasted 2,056,316 4,534,177 1,506,503 3,321,839
coffee, soluble
instant 6,901,040 15,216,793 6,419,545 14,155,097
-Cocoa-
cocoa beans, organic 2,946,912 6,497,941 2,555,125 5,634,051
cocoa beans, Nesoi 38,456,327 84,796,201 49,841,055 109,899,526
sweetened bars/block
10 lbs or over 1,660,688 3,661,817 2,148,420 4,737,266
for retail candy 4,650,360 10,254,044 4,420,653 9,747,540
cocoa butter 10,242,788 22,585,348 9,183,748 20,250,164
cocoa paste,
not defatted 8,380,197 18,478,334 11,251,827 24,810,279
cocoa paste
defatted 4,497,788 9,917,623 4,561,301 10,057,669
cocoa powder,
unsweetened 8,169,647 18,014,072 7,600,277 16,758,611
cocoa powder,
sweetened 48,155 106,182 230,129 507,434
confectioners
coating 5,324,163 11,739,779 5,646,639 12,450,839
candy containing
chocolate 17,971,244 39,626,593 16,566,950 36,530,125

COTTON
General Comments: Cotton was a little lower in consolidation trading and in anticipation of reduced condition ratings in the USDA reports. New crop export sales were strong. USDA showed that conditions are still well behind year ago levels and showed deterioration last week with the crop in the squaring and setting bolls phase. Progress is about average, with bolls being set and squaring proceeding at a normal pace. Forecasts and reports of scattered to isolated showers in Cotton areas continue for the Delts, and the Southeast. Temperatures will be warm to hot. Trends are mixed on the daily and are up the weekly charts.
Overnight News:
Chart Trends: Trends in Cotton are mixed. Support is at 77.10, 75.50, and 74.50 December, with resistance of 82.90, 84.20 and 86.20 December.

DJ U.S. June Cotton Exports-Aug 4
In kilograms and in running 480-pound bales. Source. U.S. Department
Commerce.
(*)NOTE: Year ago figures reflect data reported at that time.
Data includes Exports and Re-Exports.
——- In Kilograms ——-
Jun 26 May 26 Apr 26 Jun 25
Upland, under 1 inch 5,509,852 7,886,494 13,246,380 6,325,069
1 to 1 1/8 inch 61,661,626 80,214,776 92,887,411 75,355,041
Amer pima, over 1 1/8 inc 12,693,571 12,107,238 10,194,030 8,960,398
upland 1 1/8 and over 191,234,459 218,055,009 225,787,690 128,900,950
All cotton 271,099,508 318,263,517 342,115,511 219,541,458
——- In Running 480-Pound Bales ——-
Jun 26 May 26 Apr 26 Jun 25
Upland, under 1 inch 25,307 36,222 60,840 29,051
1 to 1 1/8 inch 283,210 368,423 426,628 346,103
upland 1 1/8 and over 58,301 55,608 46,821 41,155
Amer pima, over 1 1/8 inc 878,333 1,001,518 1,037,034 592,037
All cotton 1,245,150 1,461,772 1,571,324 1,008,346

FCOJ
General Comments: Futures were higher again yesterday and trends are ip on the daily charts but could be topping out for the short term. It is still dry in Florida. The weather for the next crop is dry but seasonal and some rains are now being reported. The weather is considered good for production in Mexico but it is dry in Brazil. Scattered showers are still reported in eastern Brazil but many areas are drying out seasonally.
Overnight News:
Chart Trends: Trends in FCOJ are rp. Support is at 144.00, 140.00, and 135.00 September, with resistance at 167,00 174.00, and 176.00 September.

COFFEE
General Comments: New York was lower and London was higher last yesterday and trends are mixed on the daily charts. The harvest delays in Brazil continue but coffee is more and more available and the increased offer was responsible for the selling. The next crop is developing well in South America amid scattered to isolated showers. Brazil has been hot and dry Indonesia is now about 80% harvested. Asian conditions are called good. Other world production conditions are generally good. Mexico is in good condition, but Central America is dry. Cooxupe showed increased sales in Brazil last week at 58.3% of the crop. Deliverable stocks are below 300,000 bags and are well below last year.
Overnight News: The ICO average price is 285.48 ct/lb.
Chart Trends: Trends in New York are mixed. Support is at 300.00, 285.00, and 279.00 September, and resistance is at 372.00, 384.00 and 396.00 September. Trends in London are mixed. Support is at 3680, 3620, and 3560 September, with resistance at 4120, 4180, and 4240 September.

SUGAR
General Comments: New York and London were higher yesterday. The Iran war made bio fuels less valuable again, and Sugar has been slow to respond to rallies in petroleum products anyway. Drought in Europe and Brail are a major concern. The hot and dry weather is causing losses Sugarbeets production. There have been some rains in center-south Brazil causing some harvest delas, but generally dry weather is now forecast. The Iran war has been paused as both sides signing a memorandum of understanding and continuing negotiations in Geneva. Trends are mixed on the daily charts in both markets. There are good supplies for the market from good growing conditions for cane and beets around the world. Drier weather in parts of Brazil and India has been good for the harvest.
Overnight News:
Chart Trends: Trends in New York are mixed. Support is at 1440, 1410, and 1380 October and resistance is 1590, 1620, and 1650 October. Trends in London are mixed. Support is at 448.00, 443.00, and 436.00 October, with resistance at 490.00, 496.00, and 502.00 October.

COCOA
General Comments: New York and London were higher yesterday after turning higher late last week. Daily chart trends are mixed but turning up 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. Ghana’s cocoa production is expected to fall by at Ghana’s cocoa production is expected to fall by at least 16% in the 2026 to 2027 season, market regulator COCOBOD said, citing weather effects, the crop’s natural fruit-bearing cycle and disease, The weather is also hurting crops in Ivory Coast.
Overnight News:
Chart Trends: Trends in New York are mixed to up. Support is at 4860, 4670, and 4510 September, with resistance at 6240, 6300, and 6360 September. Trends in London are mixed. Support is at 3800, 3660, and 3540 September, with resistance at 4650, 4710, and 4770 September.

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