Coffee Dec '24 (KCZ24)
Coffee Futures Market News and Commentary
September arabica coffee (KCU26) on Thursday closed down -8.70 (-2.81%), and September ICE robusta coffee (RMU26) closed up +12 (+0.32%).
Coffee prices fell from fresh 4.75-month highs on Thursday and settled mixed. Arabica coffee erased early gains on Thursday and fell sharply as profit-taking and long liquidation pressured prices ahead of the long holiday weekend, with US markets closed on Friday for a holiday.Â
Coffee prices have found support amid heavy rains in Brazil, which have delayed the country’s coffee harvest, raising concerns about the crop. Somar Meteorologia reported on Monday that rainfall in Minas Gerais, Brazil’s biggest coffee-growing region, was 31.3 mm of rain in the week through June 28, or 1,956% of the historical average.Â
Coffee prices have moved sharply higher over the past three weeks as heavy rains in Brazil have disrupted fieldwork and may have lowered coffee crop quality. Also, Brazilian coffee farmers are holding back on sales, hop... Read more
Barchart · Thu Jul 2, 5:37PM CDT
Cotton futures closed with contracts 20 to 72 points higher on Thursday, as December was up 74 points this week. The US dollar index is down $0.506 at...
Barchart · Thu Jul 2, 1:22PM CDT
October NY world sugar #11 (SBV26 ) on Thursday closed down -0.14 (-0.93%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +0.20 (+0.04%). Sugar...
Barchart · Thu Jul 2, 1:21PM CDT
September ICE NY cocoa (CCU26 ) on Thursday closed down -56 (-1.10%), and September ICE London cocoa #7 (CAU26 ) closed down -71 (-1.86%). Cocoa prices...
Barchart · Thu Jul 2, 1:19PM CDT
September arabica coffee (KCU26 ) on Thursday closed down -8.70 (-2.81%), and September ICE robusta coffee (RMU26 ) closed up +12 (+0.32%). Coffee prices...
Barchart · 22 minutes ago
Intuitive Surgical is approaching a pivotal earnings update as strong forecasts square off against a stock that has lost its footing.
Barchart · 27 minutes ago
Equifax is approaching its next earnings report with solid earnings momentum and improving long-term expectations, despite recent stock weakness.
Barchart · Fri Jul 3, 12:23AM CDT
Principal Financial is all set to report its second-quarter financial numbers later this month, and analysts anticipate its EPS to grow.
Barchart · Thu Jul 2, 11:37PM CDT
The Hartford Insurance is all set to release its second-quarter earnings later this month, and analysts estimate its EPS to decline.
Barchart · Thu Jul 2, 10:32PM CDT
Cincinnati Financial will release its second-quarter earnings later this month, and analysts anticipate its EPS to dip by a low double-digit percentage...
Barchart · Thu Jul 2, 7:54PM CDT
As Alphabet is gearing up to report its fiscal Q2 earnings report soon, analysts predict its EPS to rise by double digits.
Barchart · Thu Jul 2, 6:30PM CDT
Nike crushed Wall Street's expectations, but investors remain focused on a turnaround that is still far from complete.
Barchart · Thu Jul 2, 5:37PM CDT
Live cattle futures closed with losses of $2.05 to $2.60 on Thursday, with August down $6.60 this week. Cash sales were picked up at $403 dressed in the...