Coffee price

[MARKETWINNER]

http://www.bloomberg.com/news/2013-...s-arabica-rebounds-before-possible-frost.html

Robusta Coffee Climbs as Arabica Rebounds Before Possible Frost

 

[MARKETWINNER]

http://www.reuters.com/article/2013/07/31/indonesia-coffee-output-idUSL4N0G12W520130731

Indonesia coffee output seen down 20 to 25 pct on wet weather -industry

 

[starman45]

coffee is struggling on the last support

 

[liamstone28]

Coffee is currently over sold. It could be prone for a bounce. Take a look at the chart.

 

[CanOz]

Not over sold now.... but coming into a seasonal period that normally see a little rally. After a strong trend like that though, you'd want a convincing reversal before the risk would be worth it IMO...

Coffee seems to be at the cheapest since my data provider started keeping records...thats cool with me

Again, on the daily it looks like it needs to reject the low again before i'd be getting too bullish...no inflation here. The US dollar is pounding all commodities it seems....

 

[Trembling Hand]

This is a really scary chart. What effect will this have on my trading if I'm priced out of the market for my favourite drug! :cup:

 

[VSntchr]

This is a really scary chart. What effect will this have on my trading if I'm priced out of the market for my favourite drug! :cup:

I think I remember the Bulletproof Coffee guy (Dave Asprey) mentioning something about a massive reduction in supply of coffee sometime this year due to a mold issue or something or other..

Regardless, this is also a concern of mine

 

[skc]

I think I remember the Bulletproof Coffee guy (Dave Asprey) mentioning something about a massive reduction in supply of coffee sometime this year due to a mold issue or something or other..

Regardless, this is also a concern of mine

Buy low, sell high! I am going to sell those 2 jars of Nestle gold coffee in my pantry for a 80% gain.

 

[MARKETWINNER]

Coffee futures in New York had the biggest two-day decline since 2010. Is it due to rains in Brazil, over supply or some other reasons? Some analysts are trying to tell that market is trading on the forecast for rain. Do you think so? Thanks.

 

[CanOz]

I hedged with some recent shipment of the physical (beans) to ensure i had enough to last out any temporary correction....

 

[Valued]

Coffee futures in New York had the biggest two-day decline since 2010. Is it due to rains in Brazil, over supply or some other reasons? Some analysts are trying to tell that market is trading on the forecast for rain. Do you think so? Thanks.

It might be profit taking. You can't have something keep going up and up without a temporary rest or pullback at some stage.

 

[VSntchr]

It might be profit taking. You can't have something keep going up and up without a temporary rest or pullback at some stage.

Who needs a rest when you've got COFFEE :cup:

 

[tom82]

Like the thread. What brokers are you guys using to trade coffee (and/or other commodities) with?

 

[Ann]

Your Coffee Could Be About to Get More Expensive

Coffee drinkers be warned. The world’s second-largest supplier expects the global surplus that’s depressed the prices of robusta and arabica beans to shrink.

The surplus will fall to about 5 million bags this year from 9 million the year before as bad weather impacts producers in South and Central America, said Sunny Verghese, chief executive officer of agriculture trader Olam International Ltd.


Lower production will support prices, Verghese said after the Singapore-based trader reported a steep decline in fourth-quarter earnings, thanks in part to a weaker performance at its coffee business in 2018 that it said was likely to continue in the first half this year.


“If we have any further weather-related surprises, this market could potentially rally,” Verghese said. He added that an unprecedented level of short positions across the market -- equivalent to about 20 million bags -- were weighing on futures prices. More...

Here is a ten year price chart for coffee

 

[Smurf1976]

So are there any straightforward and relatively easy ways to trade the coffee price?

There's ETF's for gold, silver, oil etc but there doesn't seem to be one for coffee so that rules that option out.

 

[qldfrog]

Maybe coffee eft in the us market?

 

[qldfrog]

My 5 trees plantation going well byt would need more rain now..the qldfrog family does not expect beans shortage this year

 

[peter2]

Coffee can be traded through futures contracts (CME, ICE).
There's also an ETF on the US markets (ARCA) with the code "JO".

 

[Ann]

The reason I want to know about the price of coffee is because I drink the stuff, I trade it by putting my money down and get the beans or bags or the ground up junk. Same reason I follow the POO, I buy the stuff for my car. I will leave all the commodity trading to you clever folk!

Coffee Futures Slump to Lowest Since 2006

Coffee futures dropped to the lowest since 2006 in New York as a global oversupply weighs on the market.

Arabica coffee, favored for specialty drinks such as those made by Starbucks Corp., has been one of the worst-performing commodities in the past year. Much of the slump has been driven by top producer Brazil, which harvested a record amount of coffee in 2018 and is preparing to collect another big crop this year. More...

 

[MARKETWINNER]

https://247wallst.com/commodities-m...nt-translate-to-cheaper-coffee-for-consumers/
Why Lower Coffee Futures Prices Won’t Translate to Cheaper Coffee for Consumers