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Market Overview

Coffee Futures Trading Lower

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May New York coffee is trading at 142.50, down 0.80 cents/lb.

July New York coffee is trading at 144.70, down 0.90 cents/lb.

New York coffee futures are trading in a narrow range.

Market chatter about global coffee production and weather is making the rounds.

Guatemala's coffee exports during February rose to 298,384 bags versus 202,859 bags a month ago and 286,677 bags a year ago. Chatter about various weather forecasts for Vietnam's weather and a possible El Nino later this year is showing up.

 

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Posted-In: coffee futuresFutures Commodities Markets

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