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Coffee closed slightly lower today, with the December contract settling 50 points lower at $1.4395 a pound. With a lack of fresh fundamental news coffee continued in the path of least resistance, which is lower.

October sugar closed down 19 points at 12.52 cents a pound, December cotton settled 49 points lower at 69.69 cents a pound.

Meats

Hog futures were falling today, with December lean hogs settling 120 points lower at 68.75 cents a pound. Speculation of slowing demand to Mexico, which is the third largest importer of U.S. pork, and expectations for a huge slaughter on Saturday was noted for the decline in hogs. February pork bellies settled 245 points lower at 90.30 cents a pound.

Analyst expectations for Saturday's hog slaughter is above 300,000 head with the week's total nearing 2.050 million, this would send the slaughter about 6.2-percent above a year ago. The larger slaughter is seen as bearish for the market.

Feeder cattle closed 1-percent lower today, with the September contract settling 122 points lower at 111.55 cents a pound. General commodity liquidation and speculation for slowing demand was noted for the decline. October live cattle shed 60 points to settle at 103.15 cents a pound.