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Arabica coffee biggest gainer in 2014

Arabica-coffee futures gained 50% this year, with the March futures contract on the ICE Futures U.S. exchange ending Wednesday up 1.1%, at $1.6660 a pound, snapping a six-session losing streak. Brazil suffered its worst drought in decades earlier this year,

Arabica coffee soars to 17-Week High

The December arabica-coffee contract on the ICE Futures U.S. exchange gained 8.25 cents, or 4.1%, to $2.0945 a pound, the highest settlement for the most actively traded contract since April 29. The increase was helped in part by a firm

How will El Niño impact commodities in 2014?

Forecasters from the United States to Australia are strengthening predictions for the arrival of an El Nino in 2014, and Goldman Sachs Group this week listed palm oil among the crops that could be hurt. The events, which affect weather

Coffee slips as rain hits Brazil

A drought – the worst in living memory – has struck Brazil‘s coffee belt, driving coffee price up by 50% between January and mid-March. But now, the prospect of heavy rains contributes to the decline in coffee prices. Putting an end

Arabica coffee price update

Arabica coffee for May delivery rose 6.85c/4% to $1.7635/lb YD after report suggested that Brazil’s drought may result in a global shortage. Via Propurchaser.com

Arabica coffee futures bull run continues

Coffee prices on the commodities market jumped 10% on Tuesday, to 1.5665 per pound in New York. On Thursday, the price per pound reached the highest point in about 16 months at $1.7750. Analysts reacted to the announcement of precipitation

Coffee and sugar futures soaring

Coffee and sugar futures soared on Friday on concerns that recent hot and dry weather in Brazil, the source of one-third of the world’s coffee, could crimp the output this year. Brazil had the hottest January ever and the least