Cocoa futures on ICE steadied on Monday after gaining 5% last week as speculators booked profits amid forecasts for West African rains.
Coffee and sugar edged up after sharp falls last week.
COCOA
* London cocoa 
C2! was down 0.3% at 6,627 pounds per ton at 1348 GMT.
* New York cocoa CC2! fell 0.7% to $9,379 a ton.
* New York cocoa speculators cut their net long position by 2,303 contracts to 6,953 in the week to June 3, while London cocoa speculators cut theirs by 4,066 lots to 10,265 lots.
* Dealers noted the buyers of the speculative long position were mostly fundamental players, and said they still had more to buy as they have just six months’ price cover.
* Showers are expected in West Africa this week, but dealers say crop growth will be limited due to the dry soil.
* “Early reports for 2025/26 warn of a poor Ivorian crop (at) around 1.8 million again (versus a 2.2 million ton average). What seemed like a one-off has now caused a multi-year problem,” said broker StoneX.
* Ivory Coast’s cocoa arrivals at ports are up 6.8% from the season start to June 8 compared to the same period the prior season, exporters estimated.
SUGAR
* Raw sugar 
SB1! rose 0.5% to 16.58 cents per lb after slumping on Friday to its lowest since June 2021.
* An early and above-average monsoon has boosted the outlook for crops in India and Thailand, while Brazil is expected to accelerate its sugarcane harvest due to a recent period of reduced rainfall.
* White sugar SF1! rose 0.7% to $468.50 a ton.
COFFEE
* Robusta coffee 
RC2! rose 2.7% to $4,458 a ton, after hitting a nine-and-a-half-month low last week.
* Arabica coffee KC2! rose 1.1% to $3.5945 per lb, after hitting a two-month low last week.
* The recent market rebound has been supported by a large draw on ICE arabica stocks, but coffee remains under pressure overall from the ample robusta harvest in Brazil and Vietnam.