Coffee Mar '21 (KCH21)
Coffee Futures Market News and Commentary
July arabica coffee (KCN26) today is up +4.10 (+1.52%), and July ICE robusta coffee (RMN26) is up +72 (+2.07%).
Coffee prices are climbing today and posted 2-week highs as heavy rains in Brazil are delaying the coffee harvest and threatening to tighten global supplies. Â
ICE coffee inventories have trended lower over the past 2 months, which is supportive of coffee prices. Â ICE arabica coffee inventories fell to a 3.25-month low of 443,608 bags on Wednesday. Â Also, ICE robusta inventories fell to a 2-year low of 3,631 lots on May 15, but recovered to a 6-week high of 3,968 lots last Friday.
Global weather risks are supportive for coffee prices. Â Excessive dry weather in Vietnam is raising concerns about the country's robusta coffee crop. Â Weather forecaster Vaisala said recent showers in Vietnam's Central Highlands, the country's main growing region, have been spotty, and more rain is needed to aid cherry growth.
Concerns that an El Niño weather pattern could... Read more
Barchart · 1 hour ago
July NY world sugar #11 (SBN26 ) today is down -0.19 (-1.34%), and Aug London ICE white sugar #5 (SWQ26 ) is down -2.80 (-0.65%). Sugar prices added to...
Barchart · 1 hour ago
July ICE NY cocoa (CCN26 ) today is down -3 (-0.07%), and July ICE London cocoa #7 (CAN26 ) is down -9 (-0.29%). Cocoa prices are under pressure today...
Barchart · 1 hour ago
July arabica coffee (KCN26 ) today is up +4.10 (+1.52%), and July ICE robusta coffee (RMN26 ) is up +72 (+2.07%). Coffee prices are climbing today and...
Barchart · Thu May 28, 7:34AM CDT
Cotton price action is down 10 to 48 points so far on Thursday morning. Futures posted losses of 33 to 121 points across most contracts on Wednesday. The...
Barchart · Wed May 27, 5:19PM CDT
Cotton futures posted losses of 33 to 121 points across most contracts on Wednesday. The US dollar index was $0.054 higher at $99.155. Crude oil was down...
Barchart · Wed May 27, 1:28PM CDT
July NY world sugar #11 (SBN26 ) on Wednesday closed down -0.40 (-2.75%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -7.10 (-1.63%). Sugar...
Barchart · 21 minutes ago
The Congressional Budget Office (CBO) released a report this year containing one number that should change how every American near retirement thinks about...
Barchart · 29 minutes ago
While JPMorgan Chase has outperformed relative to the financial sector over the past year, Wall Street analysts maintain a cautiously optimistic outlook...
Barchart · 37 minutes ago
A strong quarter did little when Zscaler's guidance spooked investors already nervous about AI eating their lunch.
Barchart · 37 minutes ago
July WTI crude oil (CLN26 ) today is up +0.37 (+0.42%), and July RBOB gasoline (RBN26 ) is up +0.0168 (+0.55%). Crude oil and gasoline prices recovered...
Barchart · 1 hour ago
July NY world sugar #11 (SBN26 ) today is down -0.19 (-1.34%), and Aug London ICE white sugar #5 (SWQ26 ) is down -2.80 (-0.65%). Sugar prices added to...
Barchart · 1 hour ago
Lam Research (LRCX) demonstrates strong technical momentum with a 278% gain over the past year. LRCX is supported by robust fundamentals. Valuation is...
Barchart · 1 hour ago
July ICE NY cocoa (CCN26 ) today is down -3 (-0.07%), and July ICE London cocoa #7 (CAN26 ) is down -9 (-0.29%). Cocoa prices are under pressure today...
Barchart · 1 hour ago
July arabica coffee (KCN26 ) today is up +4.10 (+1.52%), and July ICE robusta coffee (RMN26 ) is up +72 (+2.07%). Coffee prices are climbing today and...
