Coffee

[winston]

SBUX coffee cannot drink one

Hmmm.... good short candidate then

[kennynah]

i;m not representative of the coffee crowd... sbux outlets are always full of people... bu one cup of Long Black..sit there whole day with their computer and trading platform...hahaha... what to do...so many unemployed...
go casino must pay $100 tax...

Hmmm.... good short candidate then

[Poles]

for one Long Black....I can have my kopi O siew Dai + chicken rice w/drum stick.....

[kennynah]

yeah...

you are my kind of guy... smart .. seng mork...

for one Long Black....I can have my kopi O siew Dai + chicken rice w/drum stick.....

[winston]

How to Pay for Your Morning Coffee By Jeff Clark

Coffee prices are headed higher…

The bad news for coffee drinkers could be good news for traders.

Over the last two years, coffee prices are down 50%. But coffee appears to have bottomed last month and is now moving the other way.

And that's set up a couple interesting trading ideas…

Take a look at the chart below…

Coffee broke out to the upside of a bullish falling-wedge pattern (the blue lines on the chart above) two weeks ago. It fell back and re-tested the breakout level last week. Now it looks ready to run higher.

There's some minor resistance right here at $1.53 per pound, followed by more resistance at $1.65. But the most likely target for this intermediate-term move is $1.85.

That's nearly a 30% increase from last month's low. And it's likely to have a few implications.

First… consumers are going to pay more for their morning cup of coffee. It won't be so much more that it causes the masses to give up their daily caffeine jolt. But it may shift folks out of the premium coffee brands and into the more "budget" varieties.

It will also pressure the profit margins for companies like Starbucks (SBUX). SBUX investors have enjoyed a terrific run over the past couple years. The stock is up almost 80% since early 2011. That run isn't exclusively the result of falling coffee prices… but higher coffee prices may still end in SBUX shares giving up some of those gains.

Traders looking to profit on the rising trend in coffee prices should take a look at the iPath Dow Jones – AIG Coffee Total Return Sub-Index ETN (JO). This exchange-traded note uses the futures market to track the performance of the price of coffee. As you can see from the following chart, it follows the price well…

If coffee rallies as I expect it to, JO could make its way up to $43 per share. That's about 27% higher than where it closed yesterday. And it should be more than enough to help pay for your morning cup.


Source: www.growthstockwire.com

[winston]

Coffee prices are down 33% in the past 12 months.

[ichew]

read recently
got 2 types of kopi beans - arabica and robusta.
arabica = ang mo kopi beans used in more premium blends eg starbucks. grown mainly in central america, brazil
robusta = cheaper asia kopi used i assume in my fav ya-kun type kopi. grown mainly in vietnam

arabica been trending lower while robusta been gg higher
jim rogers recently changed his rogers-commodity index coffee from arabica to robusta to reflect growing kopi drinkers in asia

[winston]

Coffee

I must admit being a sucker for almost any asset that’s down 65% from all-time highs reached 36 years ago.

And the good part is that supply/demand fundamentals for coffee look reasonable.

Inventories remain relatively low, while demand growth looks very solid given the increasing attraction of coffee to the developing world, particularly in Asia.

The ICE coffee price is below, courtesy of tradingeconomics.com


Source: Forbes

[winston]

THE GREAT BEAR MARKET IN COFFEE

Of all the members of the struggling commodity complex, few are faring worse than coffee.

Back in June, we noted how contrary to what most folks believe, raw-material prices haven't climbed much in the past eight years. In fact, the benchmark commodity index (the CRB) is currently at the same level as it was in 2005. It's also down 20% from its 2011 high.

One major laggard of the group is coffee. Due to a glut coming from the world's largest grower, Brazil, coffee prices have declined more than 50% in the past two years. Just this week, prices struck their lowest low in four years.

In the chart below, you can see this terrible, steady bear market… and look to enjoy buying cheaper coffee.


Source: www.dailywealth.com

[winston]

Coffee prices tumble… down nearly 60% over the past two years.