While you're sipping your morning cup o’ joe, think about this. Futures on coffee, sugar and other ingredients in that cup are traded furiously on exchanges around the world everyday.
Lately, beans from Brazil have flooded the market making coffee cheaper. However, your latte could still go higher.
Eric Bolling explains that the price of coffee and sugar has been trending down for the past 4 – 5 months. Then Eric reveals he bought coffee and sugar futures today, because he believes these commodities will rally soon.