TOP STORIES
UPDATE: El Nino May Reduce India Monsoon Rains, Add to Economic Struggles
NEW DELHI--Chances are rising that an El Nino will form during
this year's monsoon season, which would likely limit rainfall that
is critical to India's agriculture sector and broader economy,
adding further uncertainty to the nation's economic outlook.
COCOA
Crop Damage, Low Prices Taking Toll on Cameroon Cocoa Farmers -Group
YAOUNDE, Cameroon--Pest damage to cocoa crops as well as low
cocoa prices are causing Cameroon farmers to spend less on farms in
the upcoming season, the leader of a leading cocoa organization
told Dow Jones Newswires on Monday.
COFFEE
Costa Rica 2011-12 Coffee Exports Through May 21, Up 2% on Year
Costa Rica's 2011-12 coffee exports through May 21 totaled
888,693 bags of 60 kilograms each, up 2% from the same period last
season, the Costa Rican Coffee Institute said Monday.
Arabica Coffee Falls to $1.5670/Lb, Lowest Since June 2010
NEW YORK--Arabica coffee on the ICE Futures U.S. exchange was
trading at a 23-month low Monday morning, pressured by the
uncertain financial situation in the euro zone and the threat of a
global economic slowdown.
COTTON
NY Cotton Futures Tumble to Nearly 31-Month Low
NEW YORK--Cotton futures fell Monday to their lowest point since
November 2009, a nearly 31-month low, amid concerns that slower
economic growth will hurt demand for the fiber.
SUGAR
Raw-Sugar Futures Settle Below 19c/Lb; Low Since August 2010
NEW YORK--Raw sugar on the ICE Futures U.S. exchange settled
below 19 cents a pound for the first time since Aug. 11, 2010, as
the market continues to crumble under macroeconomic pressure and
the weight of supply on the global market.
Kimberly-Clark de Mexico's Michoacan Plant Damaged by Fire
MEXICO CITY--Paper-goods maker Kimberly-Clark de Mexico SAB
(KCDMY, KIMBER.MX) said Monday that a fire damaged its Morelia mill
on Friday in the state of Michoacan, but that none of its personnel
were injured.
Write to Alexandra Wexler at alexandra.wexler@dowjones.com