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Coffee

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  • LONDON, Jan 7- Arabica coffee futures on ICE rose on Monday with the market anticipating there could be significant buying linked to index rebalancing later this week while raw sugar also advanced and cocoa was little changed. March arabica coffee on ICE rose 1.15 cents or 0.8 percent to $1.4850 per lb by 1225 GMT.

  • Patrick Dempsey Wins Bid to Buy Tully's  Friday, 4 Jan 2013 | 4:49 PM ET

    Patrick Dempsey, also known as "McDreamy" on Grey's Anatomy, visited Tully's stores today. Dempsey's venture Global Baristas plans to stabilize the business and improve quality control.

  • 'McDreamy' Gives New Life to Coffee Chain  Friday, 4 Jan 2013 | 11:51 AM ET

    CNBC's Jane Wells reports how actor Patrick Dempsey managed to beat Starbucks at its own game.

  • *Ivory Coast cocoa production forecast to fall 13 percent. Ivory Coast expects its cocoa output to dip 13 percent this season to 1.289 million tonnes due mainly to a lack of investment in ageing plantations, a top official at the Coffee and Cocoa Council said in an interview.

  • *Ivory Coast cocoa production forecast to fall 13 percent. Ivory Coast expects its cocoa output to dip 13 percent this season to 1.289 million tonnes due mainly to a lack of investment in ageing plantations, a top official at the Coffee and Cocoa Council said in an interview.

  • Starbucks said it will set up its first outlet in in Ho Chi Minh City early next month via a partnership with Hong Kong's Maxim's Group as the U.S. chain continues to expand in fast-growing Asian markets.

  • Why Does Actor Patrick Dempsey Want a Coffee Company?  Thursday, 3 Jan 2013 | 10:47 AM ET

    CNBC's Jane Wells reports not every coffee company based in Seattle is a winner, but one celebrity wants to buy in.

  • SOFTS-Arabica coffee steadies, digests gains Thursday, 3 Jan 2013 | 7:01 AM ET

    Cocoa prices were little changed as arrivals at ports in top producer Ivory Coast picked up, while raw sugar prices were lower.

  • NEW YORK/ LONDON, Jan 3- Raw sugar futures on ICE Futures U.S. fell more than 3 percent on Thursday, while arabica coffee turned lower after hitting a seven-week high, as commodities came under pressure with the dollar rising on concerns about looming U.S. political battles over the budget.

  • NEW YORK, Dec 31- Wheat and soybeans posted the highest gains and coffee the biggest loss while gold's rally stretched to a 12th year as commodities ended 2012 focused on the U.S. fiscal crisis after riding through a blistering drought and Europe's debt debacle.

  • SOFTS-ICE sugar hits 3-week high, cocoa sets new low Friday, 28 Dec 2012 | 10:33 AM ET

    *Arabica coffee could fall if Brazil sales pick-up. March raw sugar futures on ICE were up 0.05 cent or 0.3 percent at 19.50 cents a lb at 1512 GMT after hitting a three-week high of 19.58 cents. "Sugar prices have seen a bit of a rebound, but our outlook for the market remains quite negative," Credit Suisse analyst Tobias Merath said.

  • LONDON, Dec 28- Arabica coffee futures on ICE were lower on Friday, back on the defensive as a rebound from the lowest levels in more than two years petered out, while raw sugar and cocoa both posted modest gains. March arabica coffee futures on ICE fell 1.10 cents or 0.7 percent to $1.4680 per lb at 1146 GMT while May dipped 1.70 cents or 1.1 percent to $1.49 per lb.

  • LONDON, Dec 24- Cocoa futures on Liffe fell to the lowest levels in around seven months on Monday, with charts seen bearish following the recent weak performance of prices and forward selling of West Africa's 2013/ 14 crop also helping to keep the market on the defensive.

  • ICE-NYSE deal offers trade-off for soft commodities Thursday, 20 Dec 2012 | 6:57 PM ET

    *ICE buying NYSE Euronext for $8 billion. NEW YORK, Dec 20- After its blockbuster $8 billion deal to buy NYSE Euronext, the IntercontinentalExchange will have a near monopoly on futures trading in the world's tastiest commodities, from sugar to cocoa to coffee.

  • SOFTS-Cocoa at multi-month lows, robusta coffee rallies Thursday, 20 Dec 2012 | 3:21 PM ET

    NEW YORK/ LONDON, Dec 20- Cocoa hit multi-month lows in U.K. and U.S. trading on Thursday as technical selling pressure and liquidation by funds seeking to balance books before the year-end weighed on the confection and beverage commodity.

  • SOFTS-ICE coffee, sugar prices ease as downtrends resume Wednesday, 19 Dec 2012 | 10:14 AM ET

    LONDON, Dec 19- Arabica coffee futures on ICE were lower on Wednesday, drifting towards a 2-1/ 2 year low set last week, as increasing supplies from Brazil and Central America weighed on prices.

  • SOFTS-ICE coffee edges up, demand growth underpins market Wednesday, 19 Dec 2012 | 7:10 AM ET

    LONDON, Dec 19- Arabica coffee futures on ICE edged up on Wednesday although prices remained within striking distance of a 2-1/ 2 year low set last week as increasing supplies from Brazil and Central America helped to cap prices.

  • *Record sugar output for Brazil 2013 crop expected. *Brazil farmers withhold coffee, hoping for higher prices. NEW YORK/ LONDON, Dec 18- Raw sugar on ICE finished barely changed on Tuesday after tumbling initially on a supply surplus, as the sweetener continued its bid to recover from the more-than-two-year lows in price set last week.

  • SOFTS-ICE sugar slips as rebound stalls, coffee firm Tuesday, 18 Dec 2012 | 10:08 AM ET

    *Record sugar output for Brazil 2013 crop expected. *Brazil farmers withhold coffee in hope of higher prices. Societe Generale said the market faced resistance at 19.45- 19.55 cents per lb and would need to break above these levels to extend towards the next resistance seen at 19.95- 20.10 cents per lb.

  • SOFTS-ICE sugar, coffee slip as rebound stalls Tuesday, 18 Dec 2012 | 6:45 AM ET

    *Record sugar output for Brazil 2013 crop expected. *Brazil farmers withhold coffee in hope of higher prices. March raw sugar futures on ICE eased 0.05 cents or 0.3 percent to 19.36 cents a lb at 1127 GMT.