Indian sugar cane areas in the south this week should see a tropical storm lead to localized damage. South African sugar cane areas will pick up showers next week which will sustain stable crop potential. The cocoa weather price signal is neutral. West African cocoa areas are harvesting in good shape due to limited showers. Malaysian crop areas are benefiting widespread rains that should sustain favorable pod setting.
Indonesian rains are sufficient to support late blooming.
The coffee weather price signal is bearish. The Brazilian coffee areas will see showers continue to enhance moisture supplies throughout the belt. Colombian coffee areas have sufficient moisture to support late flowering. The cattle weather price signal is bearish. The Plains feedlots will be warmer and drier over the next 10 days, fostering good weight gains.