Arabica Coffee 4/5 May '11 (XFK11)
Arabica Coffee 4/5 Futures Market News and Commentary
September arabica coffee (KCU26) on Tuesday closed up +14.85 (+4.58%), and September ICE robusta coffee (RMU26) closed up +78 (+2.05%).
Coffee prices settled sharply higher on Tuesday for a second day, posting 2-week highs amid concern that heavy rain in Brazil will further disrupt the country’s coffee harvest and tighten global supplies. On Monday, Somar Meteorologia reported that 32.4 mm of rain, or 2700% of the historical average, fell in the week ended July 26 in Minas Gerais, Brazil’s biggest coffee-growing region.
The slow pace of Brazil’s coffee harvest is supportive of coffee prices. The harvest among members of Cooxupe co-op was 47.3% complete as of July 17, behind the year-earlier pace of 59%. On July 17, Safras & Mercado reported that Brazil’s 2026/27 coffee harvest was 64% complete as of July 15, behind last year’s comparable level of 77% and the five-year average of 70%.Â
Rising inventories are weighing on robusta coffee as ICE robusta inventories c... Read more
Barchart · Tue Jul 28, 5:19PM CDT
Cotton futures closed with losses of 3 to 45 points across the board on Tuesday, slipping from the midday gains. Crude oil was down another $3.48 per barrel,...
Barchart · Tue Jul 28, 1:33PM CDT
October NY world sugar #11 (SBV26 ) on Tuesday closed down -0.03 (-0.21%), and October London ICE white sugar #5 (SWV26 ) closed down -1.60 (-0.35%). Sugar...
Barchart · Tue Jul 28, 1:32PM CDT
September ICE NY cocoa (CCU26 ) on Tuesday closed up +101 (+1.98%), and September ICE London cocoa #7 (CAU26 ) closed up +69 (+1.80%). Cocoa prices recovered...
Barchart · Tue Jul 28, 1:31PM CDT
September arabica coffee (KCU26 ) on Tuesday closed up +14.85 (+4.58%), and September ICE robusta coffee (RMU26 ) closed up +78 (+2.05%). Coffee prices...
Barchart · Tue Jul 28, 12:11PM CDT
Cotton futures are trading with midday gains of 7 to 15 points on Tuesday, shrugging off early weakness. Crude oil is down another $4.10 per barrel, with...
Barchart · Tue Jul 28, 11:25AM CDT
October NY world sugar #11 (SBV26 ) today is down -0.03 (-0.21%), and October London ICE white sugar #5 (SWV26 ) is down -2.10 (-0.46%). Sugar prices are...
Barchart · Tue Jul 28, 6:30PM CDT
Citigroup announced an 11.7% increase in its quarterly dividend to $0.67 per share from $0.60 following its strongest quarterly revenue in about a decade....
Barchart · Tue Jul 28, 5:19PM CDT
Live cattle futures were up $1.22 to $3.80 across most contracts at the Tuesday close. Early bids of $228 were reported which is just slightly lower than...
Barchart · Tue Jul 28, 5:19PM CDT
The wheat complex faced some weakness on Tuesday, with CBT trying to hold up. Chicago SRW contracts were mixed, with front months fractionally to 2 ½...
Barchart · Tue Jul 28, 5:19PM CDT
Soybeans posted a modest recovery on Tuesday following sharp Monday losses, with contracts up 2 ½ to 6 ¼ cents. The cmdtyView national average Cash Bean...
Barchart · Tue Jul 28, 5:19PM CDT
Lean hog futures were up 12 cents to $1.45 to close Tuesday. USDA’s national base hog price was reported at $101.00 on Tuesday afternoon, up 31 cents...
Barchart · Tue Jul 28, 5:19PM CDT
Corn futures took back much of the Monday weakness, with contracts closing 5 to 6 ¾ cents in the front months and steady to 2 cents higher in the deferreds....
Barchart · Tue Jul 28, 5:19PM CDT
Cotton futures closed with losses of 3 to 45 points across the board on Tuesday, slipping from the midday gains. Crude oil was down another $3.48 per barrel,...
Barchart · Tue Jul 28, 3:52PM CDT
Meta's tiered AI glasses strategy could create years of repeat hardware sales and recurring revenue.