Coffee prices get a jolt


Futures prices on Robusta coffee showed their biggest gain in 15 months as supply issues cropped up.

Among other factors, the remnants of Typhoon Haiyan hit key regions of Vietnam with torrential rainfall.

Robusta coffee prices are still down 22% YTD despite the recent rally.

In general, mass-market coffee use the Robusta bean variety, while premium sellers use Arabica.

Related stocks: SBUX via Seattle's Best, GMCR, SJM, KRFT, CBOU, JVA, KKD, NSRGY.

Related ETFs: JO

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Comments (4)
  • gsterling
    , contributor
    Comments (1332) | Send Message
     
    In general drinking if you are drinking Robusta you might as well have a cup of hot sewer water.
    15 Nov 2013, 10:56 AM Reply Like
  • abragman
    , contributor
    Comments (514) | Send Message
     
    haha
    15 Nov 2013, 01:17 PM Reply Like
  • abragman
    , contributor
    Comments (514) | Send Message
     
    Does anyone have an intelligent opinion on why SBUX is relatively unaffected today? If they sell Robusta (assuming they're mass-market not premium) wouldn't rising prices be a big problem for them in the future?
    15 Nov 2013, 01:19 PM Reply Like
  • gsterling
    , contributor
    Comments (1332) | Send Message
     
    Starbucks uses Arabica, not Robusta.

     

    Here is an article from last year which may help a little: http://bloom.bg/HXu36Z
    15 Nov 2013, 01:46 PM Reply Like
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