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
NEW YORK/ LONDON, Feb 3- ICE arabica coffee futures shot to an 8-1/ 2- month high on Monday and were on track for their biggest one-day gain in over a year as a heat wave in Brazil sparked fears of crop damage and lower output in the world's top grower, triggering short-covering.
*Hottest January on record in Brazil. LONDON, Feb 3- Arabica coffee futures on ICE rallied over 7 percent to an 8-1/ 2 month high on Monday as unseasonably dry weather sparked fears of reduced output from the world's top grower Brazil.
NEW YORK, Jan 31- The commodities complex had its second consecutive monthly gain in January as markets such as arabica coffee and heating oil finished up sharply on Friday to join the month's big winner, natural gas. "Natural gas was really rocking this month," said Gene McGillian, energy analyst at Tradition Energy in Stamford, Connecticut.
Arabica coffee futures rose more than 2 percent in New York for their highest gain in three weeks on short-covering from a technically oversold position. New York- traded cotton rose nearly 1.5 percent, its most in a week, extending Tuesday's gains driven by technical buying and bargain-hunting.
Jon Steinberg, BuzzFeed president & COO, explains how Starbucks benefits from technology and how they must utilize tech in the future.
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.