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FOOD & FIBER https://quotes.ino.com/exchanges/category.html?c=food

SOFTS: March sugar closed down 40 points at 18.95 cents today. Prices closed near the session low and hit a nine- week low on more profit taking. The sugar bulls have lost their overall near-term technical advantage. A five-week- old uptrend in place on the daily bar chart has been negated.

December coffee closed up 210 points at 203.70 cents today. Prices closed nearer the session high today. The coffee bulls have the solid overall near-term technical advantage. Prices are in a 3.5-month-old uptrend on the daily bar chart.

December cocoa closed down $76 at $2,534 a ton today. Prices closed nearer the session low today and hit a seven- week low. The cocoa bulls have the slight overall near-term technical advantage but are fading fast. A three-month-old uptrend on the daily bar chart has been negated.

December cotton closed up 83 points at 107.85 cents today. Prices closed near the session high today. The cotton bulls have the firm overall near-term technical advantage. A big and bullish flag pattern has now developed on the daily bar chart.

January orange juice closed up 415 points at $1.2435 today. Prices closed nearer the session high today on short covering after hitting a 5.5-month low on Monday. FCOJ bears have the solid overall near-term technical advantage. Prices are in a steep seven-week-old downtrend on the daily bar chart.