QUOTE AND NEWS
Benzinga  Jul 27  Comment 
Coffee futures are lower on Monday. September Coffee is trading at 120.60, down 1.65. Trading is expected to be choppy. Market talk about the harvest in Brazil and weather for global coffee producing regions is making the rounds. Market...
Benzinga  Jul 24  Comment 
Coffee futures are trading steady early Friday morning. September Coffee is trading at 121.25, down 0.30. September coffee made new contract lows on Thursday. Trading is expected to be choppy. Market talk about Brazil's harvest is making the...
Benzinga  Jul 23  Comment 
Coffee futures have extended losses from early in the session. September Coffee is trading at 122.35, down 2.70. Trading is choppy just above the lows of the session and some general selling was seen. Market talk about an active Brazilian...
Benzinga  Jul 23  Comment 
Benzinga  Jul 23  Comment 
Benzinga  Jul 22  Comment 
Coffee futures have moved a little higher Wednesday during an active trading session. September Coffee is trading at 126.90, up 0.95. Trading has been very choppy. Market talk about good weather for the active Brazilian harvest is making the...
Benzinga  Jul 22  Comment 
Benzinga  Jul 21  Comment 
Coffee futures are trading steady Tuesday morning. September Coffee is trading at 126.80, down 0.65. Market chatter about weather for global coffee producing regions during the rest of the year due to the impact of El Nino is ongoing. Trading is...
Benzinga  Jul 21  Comment 
Benzinga  Jul 20  Comment 
Coffee futures are trading steady to a little lower Monday morning. September Coffee is trading at 128.10, down 0.30. Trading is rangebound. Market talk about slowing sales from Vietnam has led to a little buying. Chatter about Brazil's coffee...
Benzinga  Jul 16  Comment 
Coffee futures are trading lower Thursday morning. September Coffee is trading at 127.95, down 1.80 and near the lows of the session. Trading is expected to be choppy with possible wide ranges on both sides of unchanged. Market talk about the...
Benzinga  Jul 16  Comment 
Benzinga  Jul 15  Comment 
New York Coffee futures have moved down quickly with brisk trading taking place Wednesday morning. September Coffee is trading at 128.95, down 3.05. Market talk about the uncertainty over Brazil's coffee production is making the rounds. Chatter...
Benzinga  Jul 15  Comment 
Benzinga  Jul 14  Comment 
New York Coffee futures have moved higher after a steady open Tuesday morning. September Coffee is trading at 131.95, up 3.15. Trading is choppy and active. Market talk about weather is non-stop. Market talk about Brazil's coffee production and...
Benzinga  Jul 14  Comment 
Benzinga  Jul 13  Comment 
Coffee futures have moved up Monday morning. September Coffee is trading at 129.05, up 2.80. Trading is firm. Some chatter about sellers near 130.40 is making the rounds. Market talk about weather and Brazil's coffee production is making the...




RELATED WIKI ARTICLES
 

Coffee futures are traded on the New York Mercantile Exchange under ticker symbol KC in dollars per pound.[1]

The chart at left shows front-month coffee futures prices on the New York Mercantile Exchange (NYMEX) in dollars per pound.

Delivery Dates

Coffee futures are delivered every year in March, May, July, September, & December.[1]

The following is a table with Coffee futures delivery dates and resultant tickers for 2010. For an explanation on commodity tickers see commodity ticker construction.

Delivery Month Full Ticker Symbol
March, 2010KCH0
May, 2010KCK0
July, 2010KCN0
September, 2010KCU0
December, 2010KCZ0

Contract Specifications

Contract Size

One Coffee futures contract on the New York Mercantile Exchange is 37,500 pounds.[1]

Tick Size

.05 or 5/100 cent/lb., equivalent to $18.75 per contract. 1 cent per pound equals $375 per contract.[1]

Daily Price Limit

You can do whatever the f you want limit.[1]

Trading Hours

Coffee futures contracts trade on the CME Globex trading platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00 PM.[1]

Last Trading Day

Trading of Coffee futures contracts on the New York Mercantile Exchange ends on the business day immediately preceding the first notice day on the New York Board of Trade.[1]

Deliverable Grades

Deliverable Coffee grades for futures contracts on the New York Mercantile Exchange are as follows: A Notice of Certification is issued based on testing the grade of the beans and by cup testing for flavor. The Exchange uses certain coffees to establish the “basis.” Coffees judged better are at a premium; those judged inferior are at a discount. Basis: Mexico, Salvador, Guatemala, Costa Rica, Nicaragua, Kenya, New Guinea, Panama, Tanzania, Uganda, Honduras and Peru; Plus 200 pts: Colombia; Minus 100 pts: Venezuela, Burundi and India; Minus 300 pts: Rwanda; Minus 400 pts: Dominican Republic and Ecuador.[1]

Margin

References

  1. 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 1.9 The New York Mercantile Exchange's contract specification for Coffee futures
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