Coffee Mar '19 (KCH19)
Coffee Futures Market News and Commentary
September arabica coffee (KCU26) on Monday closed down -0.80 (-0.30%), and July ICE robusta coffee (RMN26) closed down -51 (-1.40%).
Coffee prices were under pressure on Monday, with robusta falling sharply to a 1-week low. Coffee prices are sliding on expectations that drier weather in Brazil will allow the country’s coffee harvest to resume.Â
The reopening of the Strait of Hormuz eases supply disruptions and is bearish for prices. The reopening of the Strait should begin to lower global shipping rates, insurance, fertilizer, and fuel costs, thereby lowering costs for coffee importers and roasters.Â
Last Thursday, coffee prices rallied to 5-week highs amid persistent rain in Brazil, which has delayed the coffee harvest.Â
ICE coffee inventories have trended lower over the past three months, which is supportive of coffee prices. ICE arabica coffee inventories fell to a 2.25-year low of 393,937 bags on Monday. Meanwhile, ICE robusta inventories fell to a 2-ye... Read more
Barchart · Mon Jun 22, 5:07PM CDT
Cotton futures rounded out the Monday trade with contracts down 12 to 95 points lower. Crude oil was down another $1.41/bbl to $75.19. The US dollar index...
Barchart · Mon Jun 22, 1:27PM CDT
July NY world sugar #11 (SBN26 ) on Monday closed down -0.24 (-1.77%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -0.40 (-0.09%). Sugar prices...
Barchart · Mon Jun 22, 1:26PM CDT
July ICE NY cocoa (CCN26 ) on Monday closed up +382 (+9.22%), and July ICE London cocoa #7 (CAN26 ) closed up +182 (+5.54%). Cocoa prices surged to 6-week...
Barchart · Mon Jun 22, 1:24PM CDT
September arabica coffee (KCU26 ) on Monday closed down -0.80 (-0.30%), and July ICE robusta coffee (RMN26 ) closed down -51 (-1.40%). Coffee prices were...
Barchart · Mon Jun 22, 12:19PM CDT
Cotton futures are trading with losses of 130 points in July on Monday, with other contracts down 20 to 25 points. Crude oil is down another $2.94/bbl...
Barchart · 2 minutes ago
Comfort Systems has outperformed other industrial stocks over the past year, and analysts remain highly optimistic about the stock's growth potential.
Barchart · 19 minutes ago
Netlist stock surged after widening its patent dispute with Samsung and adding several major AI and server companies to a new ITC complaint.
Barchart · 32 minutes ago
While Casey's has surpassed the Dow over the past year, Wall Street analysts maintain a cautiously optimistic outlook on the stock’s prospects.
Barchart · 49 minutes ago
AÂ short straddle is an advanced options strategy used when a trader is seeking to profit from an underlying stock trading in a narrow range.
Barchart · 1 hour ago
September S&P 500 E-Mini futures (ESU26) are down -1.31%, and September Nasdaq 100 E-Mini futures (NQU26) are down -2.60% this morning, weighed down by...
Barchart · 1 hour ago
Paramount Skydance has rallied the communications sector over the past year, and analysts remain unsure about its prospects.
Barchart · Tue Jun 23, 4:42AM CDT
TKO Group has lagged behind the Dow Jones over the past year, and analysts remain somewhat bullish about the stock’s outlook.
Barchart · Mon Jun 22, 7:52PM CDT
The new partnership between energy giant Chevron and hyperscaler Microsoft highlights that the next phase of the artificial intelligence trade is plugging...