Softs Report 09/03/2026

DJ U.S. July Coffee, Cocoa Imports-Sep 3
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Jul 2026—- —-Jun 2026—-
-coffee- kilograms pounds kilograms pounds
coffee, unroasted 86,440,878 190,602,136 85,865,684 189,333,833
coffee, roasted 2,000,783 4,411,727 2,056,316 4,534,177
coffee, soluble
instant 6,568,187 14,482,852 6,901,040 15,216,793
-Cocoa-
cocoa beans, organic 2,045,836 4,511,068 2,946,912 6,497,941
cocoa beans, Nesoi 37,261,335 82,161,244 38,456,327 84,796,201
sweetened bars/block
10 lbs or over 1,399,579 3,086,072 1,660,688 3,661,817
for retail candy 0 0 4,650,360 10,254,044
cocoa butter 9,221,017 20,332,342 10,242,788 22,585,348
cocoa paste,
not defatted 9,202,183 20,290,814 8,380,197 18,478,334
cocoa paste
defatted 3,756,844 8,283,841 4,497,788 9,917,623
cocoa powder,
unsweetened 0 0 8,169,647 18,014,072
cocoa powder,
sweetened 31,923 70,390 48,155 106,182
confectioners
coating 4,845,427 10,684,167 5,324,163 11,739,779
candy containing
chocolate 2,004,606 4,420,156 16,566,950 36,530,125

COTTON
General Comments: Cotton was lower again yesterday on follow through profit taking even as stressful weather conditions continue but as the US Dollar rallied. USDA this week showed that conditions are just behind year ago levels with the crop opening bolls. Progress is behind average. 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. Trends are up on the daily and the weekly charts.
Overnight News
Chart Trends: Trends in Cotton are up. Support is at 86.20, 85.20, and 82.60 December, with resistance of 94.20, 95.40 and 96.60 December.

DJ U.S. July Cotton Exports-Sep 3
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 ——-
Jul 26 Jun 26 May 26 Jul 25
Upland, under 1 inch 5,179,827 5,509,852 7,886,494 4,171,386
1 to 1 1/8 inch 50,225,987 61,661,626 80,214,776 53,951,586
Amer pima, over 1 1/8 inc 7,103,481 12,693,571 12,107,238 9,169,845
upland 1 1/8 and over 190,244,597 191,234,459 218,055,009 136,818,929
All cotton 252,753,892 271,099,508 318,263,517 204,111,746
——- In Running 480-Pound Bales ——-
Jul 26 Jun 26 May 26 Jul 25
Upland, under 1 inch 23,791 25,307 36,222 19,159
1 to 1 1/8 inch 230,686 283,210 368,423 247,798
upland 1 1/8 and over 32,626 58,301 55,608 42,117
Amer pima, over 1 1/8 inc 873,786 878,333 1,001,518 628,404
All cotton 1,160,889 1,245,150 1,461,772 937,478

DJ U.S. Export Sales: Weekly Sales Totals-Sep 3
For the week ended Aug 27, in thousand running bales. Net changes in commitments are gross sales,
less cancellations, buy-backs and other downward adjustments. Total commitments are total export shipments plus total sales. Source: USDA
wk’s net chg total
in commitments commitments undlvd sales
this yr next yr this yr last yr this yr next yr
upland cotton 27.5 0.0 4359.0 3657.1 3626.0 339.9
pima cotton 1.8 0.0 170.1 99.6 144.0 0.0

FCOJ
General Comments: Futures were higher AGAIN yesterday in follow through buying and trends are down on the daily charts. It is still dry in Florida but showers are showing up. 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 southern Brazil but 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 lower yesterday Trends are turning down in both markets. Brazil coffee is not being offered now as production is less and harvest conditions are more difficult due to increased rains. Lower quality coffee is available but higher quality is hard to find due to weather problems. The next crop is developing in South America amid scattered to isolated showers. Brazil has been hot. 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 273.85 ct/lb. ICE NY said that 15 notices were posted for delivery against September futures and that total deliveries for the month are now 208 contracts.
Chart Trends: Trends in New York are mixed to down. Support is at 293.00, 285.00, and 270.00 December, and resistance is at 317.00, 322.00 and 329.00 December. Trends in London are mixed to down. Support is at 3400, 3350, and 3200 November, with resistance at 3610, 3690, and 3770 November.

SUGAR
General Comments: New York and London were higher yesterday and trends are mixed on the daily charts in New York but down in London. 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 delas. 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 again yesterday. Daily chart trends are mixed 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 1 notice was posted for delivery against September futures and that total deliveries for the month are now 576 contracts.
Chart Trends: Trends in New York are up. Support is at 6070, 6000, and 5720 December, with resistance at 6840, 6900, and 6960 September. Trends in London are up. Support is at 4520, 4320, and 4120 December, with resistance at 4920, 5040, and 5160 December.

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