Sugar declined on Thursday after farmers produced bigger crops, reducing demand for the cane.

White sugar futures for May delivery dropped by 5.8 percent, or $22.40, to $363.70 a metric ton on the Liffe exchange.

Thailand, the second largest sugar exporter was forecasted to ship 5.3 million metric tons this year after exporting 4.7 million tons last year.

Coffee for May delivery fell by 5.3 percent, or $146, to $2,628 a ton, after rallying at $2,815 since July 26, 1995.

Vietnam, the largest exporter of Robusta beans reduced its exports by 21 percent in January.

Cocoa for May delivery fell by 32 pounds to 1,390 pounds ($2,791) a ton.

Thailand Coffee