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US Coffee C Futures - Jul 24 (KCN4)

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223.28 -4.82    -2.11%
- Closed. Currency in USD ( Disclaimer )
Type:  Commodity
Group:  Agriculture
Unit:  1 Pound
  • Prev. Close: 223.28
  • Open: 225.95
  • Day's Range: 221.42 - 226.95
US Coffee C 223.28 -4.82 -2.11%

US Coffee C Futures Contracts

 
In the table below you'll find the last, change, open, high, low and previous close for each US Coffee C Futures future contract. Click on the links column icons (Q C O) for quotes, charts, options and historical market data for each future contract - as well as the US Coffee C Futures Cash. (Price quotes for US Coffee C Futures are delayed by at least 10 minutes, as per exchange requirements).

Coffee Contracts
Delayed Futures - 18:02 - Sunday, April 28th
 MonthLastChg.OpenHighLowVolumeTimeChart
Cash 251.34s+2.69251.34251.34251.34004/26/24Q / C / O
May 24 230.60s-1.35232.50232.50230.60104/26/24Q / C / O
Jul 24 224.00s-4.10226.00226.95221.351879104/26/24Q / C / O
Sep 24 222.40s-3.90223.85225.00220.00972204/26/24Q / C / O
Dec 24 220.70s-3.75222.10223.15218.35588304/26/24Q / C / O
Mar 25 219.95s-3.65221.40222.35217.70125804/26/24Q / C / O
May 25 218.85s-3.50220.15220.80217.3028504/26/24Q / C / O
Jul 25 217.60s-3.30218.70219.40216.0511704/26/24Q / C / O
Sep 25 215.55s-3.15216.25217.25213.808004/26/24Q / C / O
Dec 25 213.50s-2.90214.40215.20211.755704/26/24Q / C / O
Mar 26 212.80s-2.75212.80212.80212.80204/26/24Q / C / O
May 26 212.25s-2.75212.25212.25212.25004/26/24Q / C / O
Jul 26 211.70s-2.85211.70211.70211.70004/26/24Q / C / O
Sep 26 210.90s-2.90210.90210.90210.90004/26/24Q / C / O
Dec 26 210.35s-2.90210.35210.35210.35004/26/24Q / C / O
Mar 27 209.90s-2.90209.90209.90209.90004/26/24Q / C / O
   
© 2016 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer.
 
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US Coffee C Futures Discussions

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Viriato Magalhaes
Viriato Magalhaes 9 hours ago
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Interesting facts: as of April 2024 only 2010 had warmer sea surface temp in the Atlantic main development region vs 2024 and only a few years are in the same context as 2024 and those years are: 2023, 2010, 2005, 1969 and 1958. Those years were marked by strong hurricane activity and besides ... years 1958, 1969, 2005, 2010 correlate with drought in NEB. MG/coffee areas are not exactly the same as all NEB but still :) ...
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Viriato Magalhaes
Viriato Magalhaes 9 hours ago
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I may be wrong, but it's probably the first time (or in many years :)) when many origins (not precisely coffee areas !!!) have been affected by the same factor more or less at once :).
ShortDude ShortDude
ShortDude 8 hours ago
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Viriato check NOAA website. We have March data for Brazil coffee areas. Anomalies: temps higher, soil moisture lower, evaporation higher.
Viriato Magalhaes
Viriato Magalhaes 5 hours ago
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All true, but remember Oscar mentioned higher borrer infestation and lower quality beans for some percentage ? Also all true and correlates 100% with strong El Nino and its effect on Colombian production, however it got no big coverage... The catalyst that would push KC sky high should be of a real strength :) :) :) ! If my fantasies :) will come true, the market will have to absorb in May/June a bit :) lower than expected global production and not that bright projection for 2025. Then, if MG weather will really disappoint, we may see a firework. A real drought would be a total mess: besides it will hit again the trees, that just almost recovered, it may provoke higher infestation on later basis, etc - few years lasting effect or so... Some correlations point to the impact within 24 - 26 but nobody knows until it happened and extent matters :). Currently, KC seems :) to be able to defend 200, assuming the frost season is behind the corner...
Viriato Magalhaes
Viriato Magalhaes 5 hours ago
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At the moment most analysts are expecting record crop from Brazil. At the same time we had/have very high temps in Asia and Africa. Nobody knows how exactly coffee areas have been hit if at all :), but most simple assumption would be that they somehow also suffered some damage. Nothing devastating but combined with Islands, CA, Mexico, Colombia :), etc - may be a real figure, all together may provide reduction of 5mb, who knows :) ? 5mb + 2.5mb consumption growth = 7.5mb - it's a number that matters ! Nothing points to a globally falling consumption... Not agitating to buy or sell !!!
Viriato Magalhaes
Viriato Magalhaes 5 hours ago
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Bloomberg is taking hoarding and unprecedented level of defaults on the contracts in Vietnam... Correlates with what Alex Gruber said at the podcast of Ryan Delany... Alex didn't call current crop in Vietnam a disaster :)... While hoarding is normal and always takes place when price goes vertical, I was always wondering how do they define if it is a massive hoarding, etc or not ? :) Go farm to farm and inspect ??? :)
Damian Dziku
Damian Dziku Apr 27, 2024 4:22PM ET
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What can we expect on Monday in that case?
Damian Dziku
Damian Dziku Apr 27, 2024 4:22PM ET
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Is road to 300 possible? What do you think?
Viriato Magalhaes
Viriato Magalhaes Apr 27, 2024 10:00AM ET
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JG posted this morning from Dak Lak: You either have some water left in your well or you do not. Some farmers have irrigated 7X (times ? :)) already but don't have water for an 8th round. If it doesn't rain soon, the crop will pass the point of no return. All farmers expect a further decline in 2024/25. And a happy farmer, irrigating the trees at the pic.
Viriato Magalhaes
Viriato Magalhaes Apr 27, 2024 10:00AM ET
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Dak Lak produces about 9mb annually. As JG is professional analyst and provides detailed information on subscription basis, it would be naive to expect some evaluations/conclusions in her twitter :). But what the one could get from the tweet and between the lines ? As example: 1) no disaster of scale mentioned (the one likes it or not); 2) some farmers are out of irrigation power already (what correlates with the history for Dak Lak during strong El Nino); 3) some damage has been done; 4) general mood is 24/25 yield will be affected to downside; 5) Point of no return is more figure of speech :) :) :).
Viriato Magalhaes
Viriato Magalhaes Apr 27, 2024 10:00AM ET
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Conservative application of this would (or could :)) be: 1) Vietnam's prediction of 24.5-25mb for 23/24 has reasonable ground; 2) 24.5/25mb for 23/24 would be :) 3 - 2.5mb lower vs USDA's 27.5mb and would move previously expected R balance - compensate :) Brazilian extra production of R, as example 24mb - 21.5mb = 2.5mb roughly; 3) until further notice, 24/25 can be reasonably expected as 28mb; 4) 28mb as operative figure doesn't help R for 24/25; 5) Some other origins suffered similar weather issues, so reduction may be thought for those origins too without much of a hesitation.
Viriato Magalhaes
Viriato Magalhaes Apr 27, 2024 10:00AM ET
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As MGom said, rains are expected shortly in Vietnam and all can change to some extent. But it worth of attention, that there are rains and rains as 10mm not equal 50mm, etc. May seems to be super important month as in May: 1) Conab - will it admit some potential quality loss, etc or not for A ?; 2) USDA will publish Vietnam, Indonesia, India, Mexico, Guatemala, etc reports; 3) By some w-guys now, La Nina will not come before September, hot water :), etc - El Nino effect may (!) last till August in some areas...
Viriato Magalhaes
Viriato Magalhaes Apr 27, 2024 10:00AM ET
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Currently: high temps in Vietnam, Thailand, Manila, India, Laos, etc.
Viriato Magalhaes
Viriato Magalhaes Apr 27, 2024 10:00AM ET
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Climate anomalies like now haven't been seen for over 300 years (open sources). GSM progresses the way it should - next stage should be cooling (if to believe history :)). Main question is how smooth the transition will start ? :) :) :)
Damian Dziku
Damian Dziku Apr 27, 2024 4:09AM ET
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Hi guys, what can we expect in the next week? Do you have any ideas?
MGom MGom
MGom Apr 26, 2024 1:49PM ET
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Rains and Flowers are arriving in Vietnam in next days
Damian Dziku
Damian Dziku Apr 26, 2024 1:49PM ET
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What does it mean - is it bullish news?
ShortDude ShortDude
ShortDude Apr 26, 2024 1:49PM ET
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Yes, there will be plenty of beautiful flowers to sell!
Coffee Arabica
Coffee Arabica Apr 26, 2024 1:49PM ET
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K A  Nafees Ahmed
K A Nafees Ahmed Apr 26, 2024 11:51AM ET
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Stay calm , hold your position at least for a week
Damian Dziku
Damian Dziku Apr 26, 2024 9:01AM ET
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Do you know why it goes down so much? I'm thinking about closing the position with a loss :(
Damian Dziku
Damian Dziku Apr 26, 2024 9:01AM ET
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Any advices?
ShortDude ShortDude
ShortDude Apr 26, 2024 9:01AM ET
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Add money to your depo and buy dips ;)
Alpha Centauri
Alpha Centauri Apr 26, 2024 9:01AM ET
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Don't drink&drive
BIG John
BIG John Apr 26, 2024 9:01AM ET
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Stay cam - and hold your position.
K A  Nafees Ahmed
K A Nafees Ahmed Apr 26, 2024 9:01AM ET
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Yes stay calm & hold your post at least foe a week
ShortDude ShortDude
ShortDude Apr 26, 2024 4:48AM ET
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Drought monitor shows that soil in Brazil is already more dry than normal. Weather forecast is without any rain for next 45 days. Both Arabica and Robusta regions. Some say this is good for harvest, maybe...
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Viriato Magalhaes
Viriato Magalhaes Apr 26, 2024 4:48AM ET
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Also, look at CECAFE A April figures vs May: April certs for Apr 25th were 3.028mb vs 2.532mb on March 25th, R 613kb on Apr 25th vs 740kb on March 25th. A goes full speed !!!
Viriato Magalhaes
Viriato Magalhaes Apr 26, 2024 4:48AM ET
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***** Sorry, April vs March :)
ShortDude ShortDude
ShortDude Apr 26, 2024 4:48AM ET
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Brazil is exporting beans pulled from the deepest warehouses.
Viriato Magalhaes
Viriato Magalhaes Apr 26, 2024 4:48AM ET
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Another good example of growing consumption in Asia: Cambodia, in 2014 consumed about 100kb, in 2022 - about 160kb (open sources). Thus, it's not just Vietnam, it's a trend. Laos growth rate is about 2percent on average annual basis, etc... More income, more western culture :), more population - more consumption... Of course, the rate is lower when it comes to Korea and Japan...
Viriato Magalhaes
Viriato Magalhaes Apr 26, 2024 4:48AM ET
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To cover 44mb of export and 23mb of domestic, Brazil needs 67mb. USDA saw production of roughly 66mb for 23/24 + ending stocks of roughly 4mb for 22/23 --> 70mb. All inline with current development :).
To Mas
To Mas Apr 25, 2024 9:19AM ET
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cofffee wants ath and destroy leverage sellers
Ryan DeLoach
Ryan DeLoach Apr 25, 2024 9:19AM ET
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Nah, really doesn’t. Arabica is trash and will drag overall complex down. Top is in
Viriato Magalhaes
Viriato Magalhaes Apr 24, 2024 11:38AM ET
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May R crossed 4500.
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Viriato Magalhaes
Viriato Magalhaes Apr 24, 2024 11:38AM ET
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All, what is needed for a real panic, suddenly to see that additional reduction plus annual consumption growth is about ECF stocks. Hypothetical (!!!) reduction :) of additional 5 mb based on 30 origins would be ... 167mb per origin....
Viriato Magalhaes
Viriato Magalhaes Apr 24, 2024 11:38AM ET
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***** 167KB - sorry !!!
Viriato Magalhaes
Viriato Magalhaes Apr 24, 2024 11:38AM ET
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Thailand was on the news about record temps. Ryan Delany posted that its sugar production is seen now roughly 20% below previous season production. Sugar is not at all coffee, but the fact confirms that high temps were real, etc. Could coffee be affected also ? Who knows ? :) - is honest answer but probability/risk wise it would be more correct to suppose that yes :) vs no ...
Viriato Magalhaes
Viriato Magalhaes Apr 24, 2024 11:38AM ET
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This is from Jim Roemer, Best Weather Spider, on April 22: Vietnam faces worst coffee drought in decades... Jim is in this business for over 30 years, specializes in weather/commodities researches, weather guy by definition... So, Jim witnessed weather issues in Vietnam not just once and Jim is never perma-something: he is based strictly on what he's seeing ahead teleconnections/history wise, etc. His comment kinda also explains why JG left to inspect Vietnam...
Mathew Abraham
Mathew Abraham Apr 24, 2024 11:38AM ET
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Hi Viriato , your spot on with your observations! I'm from India. The primary coffee growing regions Chikmagalur, Coorg and Wayanad were reeling under drought like conditions with record daytime temperatures !! Coffee here even though shade grown took a bit of a beating . In fact we just received " blossom showers" now which was due FEB- MARCH.
 
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