iPath Pure Beta Coffee ETN
 (CAFE)

- NYSEARCA
What's your position on ?
Bullish
Bearish
Why are you ish?
Skip
Post
You voted ish on Vote again
Posts appear on the My Feed page of subscribers to this ticker
Last vote:
  • Dec. 29, 2015, 5:28 PM
    • Coffee prices continue to fall as strong El Nino rains in Brazil help to boost crop yields. The next harvest in the nation is forecast to be up 20% Y/Y at 58M bags.
    • Even with Arabica prices down 28% this year, analysts see another swing lower for coffee in 2016 due to the oversupply situation.
    • Weak currencies in South America are also providing a strong incentive to local producers to sell as much as they can.
    • The trend toward low coffee prices is helping to lift margins for many coffee sellers with U.S. retail prices only down 4% to 5% this year. Companies light on hedging positions are seeing the biggest benefit.
    • Most execs play coy over the bottom line benefit of lower coffee commodity prices, but even Starbucks CFO Scott Maw had to concede that pricing looked a "little bit favorable" during the firm's last earnings call (transcript).
    • Coffee futures chart
    • Related stocks and ETFs: KHC, GMCR, DNKN, OTCPK:RBGLY, OTCPK:RBGPF, SBUX, OTCQB:JAMN, SJM, MCD, JO, CAFE, THS, KKD, OTCPK:NSRGY, OTCPK:NSRGF.
    | Dec. 29, 2015, 5:28 PM | 16 Comments
  • Dec. 9, 2015, 3:15 AM
    • The steady drip of additions to JAB Holding's coffee empire, most recently Keurig Green Mountain, is threatening to leave a bitter taste for traders who supply its growing network of roasters with beans.
    • After being purchased by JAB, many roasters have increased their net financing terms to 120 days or more, up from an industry standard of 30 days, meaning that middlemen have to wait at least four months before being paid.
    • Such a move poses problems and gives importers a choice between paying more in interest payments on the additional credit, or losing the roaster as a customer.
    • ETFs: JO, CAFE
    | Dec. 9, 2015, 3:15 AM | 1 Comment
  • Apr. 29, 2014, 7:15 PM
    | Apr. 29, 2014, 7:15 PM
  • Jun. 12, 2013, 4:10 PM
    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.
    | Jun. 12, 2013, 4:10 PM | 1 Comment
CAFE Description
The iPath® Pure Beta Coffee ETN is linked to the Barclays Capital Coffee Pure Beta TR Index (the "Index"). The Index is intended to reflect the returns that are potentially available through an unleveraged investment in the futures contracts in the Coffee markets.
See more details on sponsor's website
ETF Hub
Find the right ETFs for your portfolio: Visit Seeking Alpha's ETF Hub