Alaron Softs Comment

CHICAGO - Feb 11/08 - SNS -- Following is the orange juice, cotton and coffee comment from Alaron Trading Corp.

May Cotton closed today at 69.01, down 181 points. The market took out the 2008 low of 68.41. This market was pressured by the weakness in the CBOT grains. The cotton market has been trying to keep up with the other grain markets in hopes of not losing too much planting acreage. Last year, cotton lost acreage to corn.  Cotton is expected to lose acreage again this year.  The National Cotton Council estimated cotton plantings to come in around 9.5 million acres. This is about 1.3 million acres lower than last year. This should continue to provide underlying support ahead of the USDA's Prospective Plantings Report, which will be released on March 31st. The upside has been limited in this market due to weak demand. In last Friday's USDA Crop Production Report, the USDA lowered exports to 15.7 million bales versus 16.0 million last month. This reduction in exports, in turn, increased U.S. ending stocks to 8.2 million bales versus 7.9 million last month. Spread trading will be active in the next couple of weeks ahead of first notice day for the March contract on February 25th. Support for March is at 68.00. Resistance is at 70.00.

To view my 2008 outlook on the cotton market go onto our homepage and download Alaron Trading's 2008 Market Outlook Report!!!

Boyd Cruel

Alaron Research Team

800.563.9510

bcruel@alaron.com

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