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Is your coffee getting cold? Coffee ETFs (JO -4.63%, CAFE -4.15%) fell today after robusta...

Is your coffee getting cold? Coffee ETFs (JO -4.63%, CAFE -4.15%) fell today after robusta coffee fell in London to its lowest level in 17 months. Also today came a report in Wired U.K. that coffee rust is again epidemic in South America, threatening more than half of the October harvest.
Comments (1)
  • johnm03229
    , contributor
    Comment (1) | Send Message
     
    My coffee has been getting cold for some time. But considering it costs about $1.60 per pound to raise, eventually economics will win out. I'd venture to guess if one were to buy JO at $26 five years from now one should have a robusta return. I am long JO.
    12 Jun 2013, 05:54 PM Reply Like
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