Robusta Coffee 10-T Jan '20 (RMF20)
Robusta Coffee 10-T Futures Market News and Commentary
September arabica coffee (KCU26) today is down -3.15 (-0.96%), and September ICE robusta coffee (RMU26) is down -59 (-1.52%).
Coffee prices are under pressure today on forecasts for dry weather in Brazil’s coffee-growing regions into next week, which should allow the coffee beans to dry and allow farmers to accelerate the pace of the country’s coffee harvest. On Monday, Somar Meteorologia reported that no rain fell in the week ended August 2 in Brazil’s Minas Gerais, the country’s main arabica-coffee-growing region.
On Wednesday, robusta rose to a 1-week high after rain chances were reduced for Vietnam’s Central Highlands, the country’s main coffee-producing region. Vietnam’s Central Highlands monsoon season runs from May to October.
Arabica has support due to the slow pace of Brazil’s coffee harvest. The harvest among members of Cooxupe co-op was 67.3% complete as of July 31, behind the year-earlier pace of 74.2%. On July 17, Safras & Mercado reported that Br... Read more
Barchart · 1 hour ago
Cotton futures are holding near unchanged on Thursday, with contracts down 5 to 5 points higher in the nearby months. Crude oil is back up $2.81 per barrel,...
Barchart · 1 hour ago
October NY world sugar #11 (SBV26 ) today is up +0.40 (+2.64%), and October London ICE white sugar #5 (SWV26 ) is up +9.40 (+1.97%). Sugar prices are sharply...
Barchart · 1 hour ago
September ICE NY cocoa (CCU26 ) today is down -133 (-2.26%), and September ICE London cocoa #7 (CAU26 ) is down -97 (-2.23%). Cocoa prices are sliding...
Barchart · Thu Aug 6, 10:45AM CDT
September arabica coffee (KCU26 ) today is down -3.15 (-0.96%), and September ICE robusta coffee (RMU26 ) is down -59 (-1.52%). Coffee prices are under...
Barchart · Thu Aug 6, 7:25AM CDT
Cotton prices are trading with Thursday morning losses of 3 to 6 points. Futures were back up 48 to 71 points across the board at the Wednesday close....
Barchart · Wed Aug 5, 1:34PM CDT
October NY world sugar #11 (SBV26 ) on Wednesday closed up +0.11 (+0.73%), and October London ICE white sugar #5 (SWV26 ) closed up +4.20 (+0.89%). Sugar...
Barchart · 5 minutes ago
Moderna has secured FDA approval for its flu vaccine mFLUSIVA. But does that warrant buying MRNA shares today? Let’s find out!
Barchart · 10 minutes ago
Netflix spent two decades trying to convince us all that cable TV was a waste of money. Now, the company is considering taking us back in time with the...
Barchart · 36 minutes ago
Kraft Heinz had three unusually active options in Wednesday trading. However, two of them had Vol/OI ratios in the top three yesterday. More importantly,...
Barchart · 51 minutes ago
While Dell is trading near an all-time high, the stock still has room to run. Rising enterprise IT spending provides a solid base for growth.
Barchart · 1 hour ago
Lean hog futures are trading with contracts down 75 cents to $1.27 at midday. USDA’s national base hog price was not reported on Thursday morning due...
Barchart · 1 hour ago
Corn futures are showing firm trade so far on Thursday, with most contracts holding within a penny of unchanged. The CmdtyView national average Cash Corn...
Barchart · 1 hour ago
Live cattle futures are reverting lower on Thursday, as contracts are down $1.90 to $3.77 at midday. Cash trade has started to pick up at $235 live and...
Barchart · 1 hour ago
The wheat complex is lower across the three markets so far on Thursday. Chicago SRW contracts are down 13 to 14 cents in the front months KC HRW futures...