LONDON, Nov 10- Drought in southeastern Brazil and El Nino in Indonesia will damage 2015/ 16 robusta coffee output and could drive world prices higher if the dry weather persists, although a big Vietnamese crop will cap the upside, traders say. Benchmark ICE robusta futures hit a 2-1/ 2- month high of $1,684 a tonne on Nov. 5 on concerns over depleted supplies due to...» Read More
*Lower coffee, sugar futures linked to weak Brazil currency. NEW YORK/ LONDON, July 28- Arabica coffee futures on ICE flirted with a 1-1/ 2- year low in choppy dealings on Tuesday, buoyed earlier by short-covering but pressured by the tumbling currency in top grower Brazil, while robustas tapped a two-month low. Arabica prices bounced as the market lacked enough...
*Sugar futures seen linked to weak Brazil currency. Cocoa futures were little changed in thin volume. October raw sugar was up 0.03 cents, or 0.3 percent, at 11.27 cents a lb at 1147 GMT, having hit a one-month low of 11.20 cents on Friday.
LONDON, July 24- Arabica coffee futures on ICE dropped for the eighth straight session on Friday, hitting a 1-1/ 2 year low on pressure from a stronger dollar, while cocoa held steady after Asia grind data met expectations. Sugar futures edged up after Brazilian cane industry data on Thursday showed a drop in the cane crush in the first half of July.
The company also announced on Thursday that it would be repurchasing another 50 million shares as part of its buyback program.
NEW YORK/ LONDON, July 23- Arabica coffee futures on ICE dropped for the seventh straight session on Thursday, falling 3 percent to a 1-1/ 2- year low on a pressure from the weak currency in top grower Brazil and automatic sell orders. September arabicas fell 3.5 cents, or 2.8 percent, to close at $1.2155 per lb, after falling to the lowest since January 2014 at $1.211.
In a new ad campaign for natural coffee creamer, Nestlé has actors wearing no clothes, just body paint, serving customers free coffee.
NEW YORK, July 13- Kraft Heinz Co said on Monday it lowered the prices of its Maxwell House and Yuban roast and ground coffee in the United States by approximately 5.8 percent. The price decrease was effective July 10 and does not include K-Cup portion packs. The reduction follows 6 percent price cuts by J.M. Smucker Co on Folgers and Dunkin' Donuts brands on July 1.
CNBC's Brian Sullivan asks Todd Gordon, TradingAnalysis.com, and Dave Seaburg, Cowen & Co., about the performance of coffee stocks Dunkin Brands and Starbucks.
Starbucks is expanding its small-batch cold brew iced coffee in participating locations across the US and Canada.
The "Squawk Box" news team discusses some of the morning's most provocative headlines, including Starbucks hiking prices on most drinks starting today.
Starbucks is raising most beverage prices from five to twenty cents starting today.
July 6- Starbucks Corp said it would raise prices for some of its coffee beverages by 5- 20 cents in the United States from Tuesday. Starbucks, however, will leave the prices of some popular beverages such as the Grande Brewed Coffee and the Frappuccino unchanged in most U.S. outlets, it said on Monday. The price hike, which will be implemented "market-by-market and...
NEW YORK, July 1- J.M. Smucker Co cut prices for most of its Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent, the biggest U.S. roaster said on Wednesday, partially reversing last year's price hikes to woo back customers. The company is the first U.S. roaster to cut prices after a customer backlash following a 9 percent price hike just over a...
CNBC's Michelle Caruso-Cabrera speaks to Nelly Kaperony, who says her business is under strain in Greece because it relies on imports.
NEW YORK, July 1- J.M. Smucker Co cut prices for most of the Folgers and Dunkin' Donuts coffee brands sold in the United States by 6 percent, the biggest U.S. roaster said on Wednesday, after a price hike last year led to a loss of market share. In June, Smucker raised list prices on most of its U.S. packaged coffee by roughly 9 percent for the first time in three years because a...
J.M. Smucker cuts prices on its Folgers and Dunkin' Donuts packaged coffee.
LONDON, June 30- Global coffee exports fell 12 percent in May from a year earlier to total 9.28 million 60 kg bags, the International Coffee Organization said on Tuesday. For the first eight months of the 2014/ 15 season, which began on Oct. 1 last year, coffee exports were down 4.6 percent at 72.31 million bags. Robusta coffee exports fell 23.4 percent in May from a year...
Starbucks will close its "La Boulange" pastry shops.
"Fast Company" writer Austin Carr, explains why Starbucks' CEO Howard Schultz is personally interested in race issues.
Discussing Starbucks' growth plans and current valuation within the segment, with Efraim Levy, S&P Capital.