Coffee Jul '23 (KCN23)
Coffee Futures Market News and Commentary
July arabica coffee (KCN26) on Friday closed down -1.05 (-0.38%), and July ICE robusta coffee (RMN26) closed up +57 (+1.68%).
Coffee prices on Friday settled mixed. Â Robusta rose sharply amid dry weather in Vietnam, which 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 hurt Brazil's coffee crop next year are also supportive for prices.  Coffee trader Commercial said the El Niño weather pattern may delay rains in Brazil this September and October, when tree flowering normally occurs, hurting Brazil's 2026/27 coffee crop.  The US National Oceanic and Atmospheric Administration (NOAA) estimates  a 82% probability that El Niño conditions will emerge between May and July and persist through the end of the year, with a 67% chance of a "Super... Read more
Barchart · Fri May 22, 1:32PM CDT
July NY world sugar #11 (SBN26 ) on Friday closed down -0.20 (-1.34%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -2.60 (-0.58%). Sugar prices...
Barchart · Fri May 22, 1:30PM CDT
July ICE NY cocoa (CCN26 ) on Friday closed up +29 (+0.77%), and July ICE London cocoa #7 (CAN26 ) closed up +10 (+0.45%). Cocoa prices recovered from...
Barchart · Fri May 22, 1:28PM CDT
July arabica coffee (KCN26 ) on Friday closed down -1.05 (-0.38%), and July ICE robusta coffee (RMN26 ) closed up +57 (+1.68%). Coffee prices on Friday...
Barchart · Fri May 22, 12:10PM CDT
Cotton futures are down 50 to 77 points at Friday’s midday. The US dollar index was $0.003 lower at $99.215. Crude oil was up $0.54 on the day to $98.89....
Barchart · Fri May 22, 11:33AM CDT
July NY world sugar #11 (SBN26 ) today is down -0.21 (-1.41%), and Aug London ICE white sugar #5 (SWQ26 ) is down -3.20 (-0.72%). Sugar prices are weaker...
Barchart · 3 minutes ago
Uber is reportedly considering a full acquisition of German peer Delivery Hero. Here’s why such a transaction may prove bullish for UBER shares.
Barchart · 4 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.37%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.58%, and the Nasdaq 100 Index...
Barchart · 8 minutes ago
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Barchart · 39 minutes ago
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Barchart · 42 minutes ago
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Barchart · 1 hour ago
The dollar index (DXY00 ) on Friday gave up an early advance and finished little changed. The dollar was pressured on Friday after the University of Michigan’s...
Barchart · 1 hour ago
Costco’s strong retail momentum and record-high share price fuel growing speculation about a stock split, even as valuation concerns build.
Barchart · 1 hour ago
July WTI crude oil (CLN26 ) on Friday closed up +0.25 (+0.26%), and July RBOB gasoline (RBN26 ) closed up +0.0756 (+2.31%). Crude oil rebounded from a...
