QUOTE AND NEWS
Benzinga  Sep 14  Comment 
December New York Coffee is trading at 149.25, up 0.85 cents/lb. March New York Coffee is trading at 152.35, up 0.75 cents/lb. Coffee futures are trading a little higher Wednesday morning. Market chatter about global currency values and...
Benzinga  Sep 13  Comment 
December New York Coffee is trading at 149.95, down 0.95 cents/lb. March New York Coffee is trading at 153.20, down 0.90 cents/lb. Coffee futures are trading just above the session lows after showing a steady to higher trade early in the day....
Benzinga  Sep 12  Comment 
December New York Coffee is trading at 148.90, down 2.25 cents/lb. March New York Coffee is trading at 152.15, down 2.20 cents/lb. Coffee futures are trading just above the session lows. Market chatter about global coffee demand and...
Benzinga  Sep 9  Comment 
December New York Coffee is trading at 153.85, down 1.05 cents/lb. March New York Coffee is trading at 157.05, down 1.10 cents/lb. Coffee futures are trading just above the session lows early Friday morning. Market chatter about global coffee...
Benzinga  Sep 8  Comment 
December New York Coffee is trading at 154.35, down 0.75 cents/lb. March New York Coffee is trading at 157.50, down 0.80 cents/lb. Coffee futures are trading just above the session lows in a rangebound fashion. Market chatter about...
Benzinga  Sep 7  Comment 
December New York Coffee is trading at 152.90, down 0.85 cents/lb. March New York Coffee is trading at 156.00, down 0.85 cents/lb. Coffee futures are trading rangebound and a little lower Wednesday morning. Market chatter about Brazil's coffee...
Benzinga  Sep 6  Comment 
December New York Coffee is trading at 152.75, up 1.35 cents/lb. March New York Coffee is trading at 155.8, up 1.30 cents/lb. Coffee futures are trading moderately choppy and just under the session highs. Market chatter about Brazil's...
Benzinga  Sep 2  Comment 
December New York Coffee is trading at 152.35, up 0.95 cents/lb. March New York Coffee is trading at 155.20, up 0.70 cents/lb. Coffee futures are trading higher Friday morning after Thursday's sharp advance. Street estimates for Vietnam's...
Agrimoney.com  Sep 1  Comment 
World coffee exports tumbled 22% in July, the ICO says, spurring concerns over supply tightness being driven by other observations too
Benzinga  Sep 1  Comment 
December New York Coffee is trading at 148.95, up 1.90 cents/lb. New York Coffee futures are trading at the session highs. Market chatter about Brazil's and Vietnam's coffee production is constant. Trading is choppy. Chatter about traders...




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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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