Coffee for July delivery jumped 15.25 cents, or 8.1 percent, to $2.04 per pound. Brazil is the world's largest coffee producer, accounting for about a third of global production, according to the International Coffee Organization. Coffee in Brazil isn't harvested until June.» Read More
This will be the year of the commodities comeback, says Jack Bouroudjian, Chief Investment Officer at Index Financial Partners, adding that gold prices could touch 1,500 by the end of this year.
*Analyst sees Brazil coffee output down in 2014/ 15. LONDON, March 4- Arabica coffee futures stayed close to the prior session's two-year peak on Tuesday, supported by concerns about damage to coffee crops in top producer Brazil from a prolonged drought, though trade was choppy.
Arabica coffee futures hit a two-year high in weather-driven speculative frenzy on Monday, how will that impact related equities? Will Slabaugh, Analyst at Stephens, and CNBC's Cash Flow team discuss.
NEW YORK, Feb 28- Wheat prices rose about 3 percent to lead gains in U.S. commodities on Friday as the dollar fell but the biggest monthly gains for February were posted by arabica coffee, which rallied 40 percent on fears of crop damage from Brazil's drought.
*Rains in Brazil ease worries over coffee, sugar crops. NEW YORK/ LONDON, Feb 28- ICE raw sugar futures sank on Friday in spread-related gyrations as the March contract expired at the end of the session, while arabica coffee neared a 17- month peak and marked its biggest monthly gain in nearly two decades.
Coffee prices are soaring up 50 percent year-to-date. CNBC's Jackie DeAngelis reports customers should expect price hikes at their local cafes.
Luke Chandler, Global Head of Agricultural Commodity Markets Research at Rabobank, explains why he thinks the potential upside in coffee and sugar prices are now largely priced in.
Coffee prices have risen 45 percent in the last month based on supply fears out of Brazil. The Fast Money traders discuss the bean trade.
Your daily K-Cup habit shouldn't get more expensive as coffee commodity prices skyrocket, Green Mountain Coffee Roasters' CEO told CNBC.
Hot and dry weather in Brazil has hurt coffee production, reports CNBC's Jane Wells.
*Brazil coffee crop worries after 6 weeks of hot, dry weather. NEW YORK/ LONDON, Feb 19- ICE arabica coffee prices catapulted to 16- month highs on Wednesday, extending the previous day's huge gains as investors piled into the market driven by worry over possible drought damage to crops in top grower Brazil and by bullish chart signals.
Green Mountain Coffee Roasters stock is up around 50 percent since announcing its 10-year partnership with Coca-Cola. Green Mountain's CEO Brian Kelley says this is a "real good deal for both companies." CNBC's Sara Eisen reports.
NEW YORK/ LONDON, Feb 18- Coffee futures on ICE closed up nearly 9 percent in heavy volume at their highest price in a year on Tuesday, as light rains fueled concerns over drought-damaged crops in top grower Brazil and galvanized investors to increase holdings of the commodity.
NEW YORK, Feb 18- The bull run in arabica coffee futures continued on Tuesday, surging to a one-year high on worries about a drought in Brazil, and concern about South American crop weather also pushed soybeans to a five-month peak.
NEW YORK, Feb 12- The softs complex dominated gains in commodities markets on Wednesday as cocoa hit 2-1/ 2- year highs while raw sugar and arabica coffee rallied on factors ranging from bullish crop weather to an India government subsidy and investor speculation.
A new coffee shop called "Dumb Starbucks" has opened its doors in Los Angeles, and it's already caught the attention of the real coffee chain.
A parody of Starbucks called Dumb Starbucks gave away free coffee this weekend in Los Angeles. USA Today reports.
NEW YORK, Feb 6- Nickel prices jumped, nearing a one-week high after Indonesia upheld a shipment ban on the ore of the metal used in coin- and stainless steel-making, and arabica coffee slumped 5 percent to reverse the previous day's rally on profit-taking.
NEW YORK, Feb 5- Arabica coffee rose 5 percent on Wednesday, reinforcing its position as the year's best-performing commodity, while natural gas tumbled more than 6 percent as investors took profits on the previous session's rally.
Coca-Cola will purchase a 10 percent minority stake in Green Mountain Coffee Roasters, sending the smaller firm's shares rocketing.