Alaron Softs Comment

CHICAGO - Mar 24/08 - SNS -- Following is the orange juice, cotton and coffee comment from Alaron Trading Corp.

May Cotton prices have been falling in the last 2 weeks since a contract high was made of 92.86. Prices have dropped as funds and specs have been liquidating long positions due to concerns in the equity market. However, today, prices were firmer ahead of next Monday's USDA Prospective Plantings Report. It is scheduled to be released at 7:30am CST. We should see this market trade sideways to higher through the end of the week as traders continue to square up positions ahead of the report. For the most part, the market has factored in a acreage loss of 1.5 to 1.8 million acres. However, there is talk that with the price rally we have seen this year, cotton could have regained some of the lost acres. If the planting acreage number comes in as expected or even higher than expected, we should see prices move lower. This market has a seasonal tendency to move lower from the end of March through May. Support for May is at 72.00. Resistance is at 75.00.

Boyd Cruel

Alaron Research Team

800.563.9510

bcruel@alaron.com

DISCLAIMER: Futures and options trading involve substantial risk. The valuation of futures and options may fluctuate, and as a result, clients may lose more then their original investment. In no event should the content of this website be construed as an express of an implied promise, guarantee or implication by of from the author(s) that you will profit or that losses can or will be limited in any manner whatsoever. Past performance is not necessarily indicative of future results. Information provided on this website is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted. Alaron Trading Corp. its officers, directors, employees and brokers may in the normal course of business have positions, which may or may not agree with the opinions expressed in this report.

Information on this page is derived from third parties and is deemed to be reliable. STAT Communications Ltd. accepts no responsibility for errors, omissions or inaccuracies in any of the material presented on this web site. Opinions expressed on this web site are those of the respective individuals and/or institutions and do not represent the opinions of STAT Communications Ltd. and/or STAT Publishing or its staff and/or management.

PageGen v1.0ef