NEW YORK/ LONDON, March 14- ICE raw sugar futures fell more than 4 percent to a two-week low on Friday as traders liquidated long positions on signs that a recent rally triggered by weather worries in top grower Brazil may have been overdone.» Read More
Starbucks CEO Howard Schultz discusses how the "Amazon effect" will impact the way consumers shop and provides his take on how gift cards are likely to increase traffic and the company's bottom line.
Starbucks is reporting Q1 revenue of $4.24 billion on EPS of $0.71, with CNBC's Sara Eisen.
Jason Moser, Analyst at the Motley Fool, and Yoni Jacobs, Chief Investment strategist at Chart Prophet Capital, debate their opposing views on the stock.
*Platts' Jonathan Kingsman sees bearish sugar market tone. NEW YORK/ LONDON, Jan 9- ICE raw sugar futures prices on ICE dropped to a 3-1/ 2 year low on Thursday in their biggest two-day rout since September, extending a long-term downtrend on chart-based selling, currency pressure, and excess supplies.
Coffee futures are now approaching a technical bull market. But Jeff Kilburg of KKM Financial explains why they're unlikely to rise much higher.
*Gold, oil and natgas fall; arabica coffee rallies. NEW YORK, Jan 8- Gold, oil and natural gas prices fell on Wednesday as the annual shifting of billions of dollars in commodity index funds appeared to have a limited impact on prices.
*Cocoa supported by expected stronger grind data. Cocoa futures climbed in rangebound dealings while Liffe robusta coffee dropped. March raws on ICE were down 0.30 cent, or 1.9 percent, at 15.76 cents a lb by 12:10 p.m. EST after touching 15.72 cents, the weakest level for the front month since July 2010.
On Tuesday, Starbucks will launch portable, less expensive versions of two of its most popular beverages.
NEW YORK, Jan 6- Arabica coffee jumped more than 4 percent on Monday, rallying its most in four months on fund buying, while a weaker dollar helped boost prices of other crops and also oil and metals. March arabica coffee trading on ICE Futures U.S. surged 4.65 cents, or 4 percent, to settle at $1.21 per pound- the highest close for the spot contract since Aug. 15.
One Seattle-area woman just gave the phrase "Starbucks junkie" a whole new meaning.
CNBC's Kate Kelly reports coffee is one of 2013's worst performing commodities and is down nearly 20 percent.
CNBC's Kate Kelly provides an outlook for coffee prices in the New Year. FMHR trader Stephanie Link says she likes Starbucks' stock.
Coffee commodity prices have plummeted this year, yet the price of a cup of coffee has barely moved. CNBC's Kate Kelly takes a look at what's going on.
*Vietnam robusta beans sold at discount to London futures. NEW YORK/ LONDON, Dec 19- ICE raw sugar jumped on Thursday, recovering from the previous day's 3-1/ 2 year low as a technically oversold condition drove buying. Cocoa futures advanced in rangebound trade, underpinned by deficit expectations and drawing support from the U.S.
*Vietnam robusta beans sold at discount to London futures. NEW YORK/ LONDON, Dec 19- ICE raw sugar jumped on Thursday, recovering from the previous day's 3-1/ 2 year low as a technically oversold condition drove buying, and Liffe robusta coffee fell on expectations of renewed supply movement in top grower Vietnam.
LONDON, Dec 19- Robusta coffee prices are expected to slide after being one of the best performing commodities in recent weeks, as a record crop in top grower Vietnam will ensure a sell off in the new year, analysts said. "Literally it's a question of who is going to blink first," Kona Haque, analyst at Macquarie Bank said.
NEW YORK, Dec 12- Gold tumbled 2 percent on Thursday as upbeat U.S. retail sales data stoked expectations of a cut soon in the Federal Reserve's stimulus program, and natural gas prices rose for a fourth straight day as colder weather gripped the United States. Coffee and silver were among other commodities that posted major price moves.
NEW YORK, Dec 10- Coffee rallied on Tuesday on tight supplies of robusta beans in top producer Vietnam, and gold and silver surged too, pushing the commodities complex broadly higher. Robusta coffee rose as much as 4.6 percent to $1,803 a tonne in London, before closing 4 percent higher at $1,793.
Robusta coffee prices firmed in London on concern about tighter immediate supplies from Vietnam, the top grower of the crop. "We're now looking at an additional arctic outbreak in the week leading up to Christmas," said Matt Rogers, a meteorologist at Commodity Weather Group.
The offering marked the second year the coffee chain has partnered with daily deal site Gilt.com to sell the cards.