Coffee prices (JO) could reverse after touching a 47-month low, according to Barron's. A...


Coffee prices (JO) could reverse after touching a 47-month low, according to Barron's. A coffee-rust disease in Central America and increased global demand could prompt a quick rally and eventually increase commodity costs for Starbucks (SBUX -2.1%), Green Mountain Coffee Roasters (GMCR -3.3%), J.M. Smucker (SJM -0.8%), Peet's Coffeee & Tea (PEET), Kraft Foods (KRFT -0.7%), Dunkin' Brands (DNKN -2.4%), and other sellers.

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Comments (2)
  • luke_mclachlan
    , contributor
    Comments (18) | Send Message
     
    didn't they talk about this rust weeks ago? now look at the price! ample supply, don't be fooled !
    24 Jun 2013, 11:33 AM Reply Like
  • Day Trader001
    , contributor
    Comments (777) | Send Message
     
    I also heard there was something going on in Indonesia with their crop. There may be a good supply now, but 6 months from now it could be much different.
    24 Jun 2013, 02:20 PM Reply Like
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