Soft futures were mixed on Mondays U.S. morning trade. Cotton prices bounced off the previous sessions five-month low.
Coffee and sugar prices continued to trade near multi-year lows amid sufficient global supplies.
On the ICE Futures U.S. Exchange, cotton for July delivery traded at $0,8037 a pound, up 1.29% on the day after hitting a session-high of $0,8090 a pound.
As of last week 59% of the cotton crop was planted, compared to 39% in the preceding week, according to the U.S. Department of Agriculture report.
Elsewhere on the market, sugar futures for July delivery traded at $0,1655 a pound, down 0,15% on the day, following a session-high of $0,1666 a pound. Sugar prices have been under heavy pressure as farmers in Brazil, the worlds biggest sugar producer and exporter, started to accelerate the sweeteners harvest.
Meanwhile, Arabica coffee for July delivery traded at $1.2840 at 13:55 GMt, up 1,16% on the day. Coffee prices have been under pressure as traders expect a huge harvest in the worlds biggest exporter Brazil.
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