However, action in the market has been quiet, and with a record global

surplus forecast for this season, traders don't expect a big rally anytime

soon.

  "We have more adrenaline now watching Bambi than following this market," said

Arnaldo Luiz Correa, director at Archer Consulting, in a note.

  ICE arabica coffee for delivery in December gained 2.1% to settle at $1.1705

a pound, a one-week high, as that market got a boost from traders closing bets

that prices would fall. Futures ended last week at a more than four-year low on

expectations for massive supplies.

  Brazilian growers are expected to harvest 47.5 million 60-kilogram

(132-pound) bags of coffee this year, a record for an "off-year" harvest,

government crop agency Conab said earlier this month.

  But with arabica prices down 38% from a year ago, some traders are wagering

that the market has hit bottom.

  "We are starting to see a little buying," said Joe Ricupero, vice president

at brokerage RJO Futures in New York. "But people are going to wait for a

breakout before they really put on positions."

  Cocoa for December delivery ticked 0.1% higher to $2,610 a ton as stockpiles

in the ICE-certified warehouse dwindled to the lowest level in nearly seven

months. Orange juice for delivery in November ended up 0.6% at $1.2630 a pound,

while cotton for December delivery eased 0.3% to 84.27 cents a pound in thin

trade.