NEW YORK/ LONDON, July 30- Arabica coffee futures on ICE rallied on Thursday on short-covering and a lack of producer selling, as raw sugar futures fell, giving up much of the previous day's advance as buying dried up at key chart resistance and cocoa futures edged higher. "There's not much selling from origin and the speculators are beginning to cover," said Rodrigo...» Read More
Much like housing years ago, food has become something bigger than itself. It's about far more than sustenance. It's about commodities trading, global trade, energy, biotechnology and government policy. Our special report, "Food Economics, explores all of those dimensions.
If you're looking for action, try grains, but even that may be iffy. It all depends on the weather.