
Coffee and Grain Futures Surge Amid Weather Concerns
Coffee futures experienced their largest jump since the dot-com era, while corn and soybean futures also surged due to hotter and drier weather conditions in the Midwest.
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Corn, soybean futures surge on hotter, drier Midwest weather
Read full article →Coffee Shorts Get Roasted As Arabica Stages Biggest Jump Since Dot-Com
Coffee Shorts Get Roasted As Arabica Stages Biggest Jump Since Dot-Com Arabica coffee futures jumped the most since the Dot Com era as worsening weather in Brazil and shrinking exchange-managed warehouses intensified concerns about near-term supply. This comes as El Niño threats rise across critical agricultural belts worldwide. New York prices jumped as much as 18.5% on Monday to $3.57 a pound, the highest since January. This was the largest single-session gain since July 18, 2...
By Tyler Durden
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