QUOTE AND NEWS
Benzinga  Dec 2  Comment 
March New York Coffee is trading at 146.55, up 1.65 cents/lb. May New York Coffee is trading at 148.85, up 1.65 cents/lb. New York Coffee futures trading choppy and near the session highs after Thursday's move down. Chatter about Vietnam's...
Benzinga  Dec 1  Comment 
March New York Coffee is trading at 150.80, up 0.20 cents/lb. May New York Coffee is trading at 153.05, up 0.15 cents/lb. New York Coffee futures trading rangebound early Thursday morning. The International Coffee Organization (ICO) ...
Benzinga  Nov 30  Comment 
March New York Coffee is trading at 151.45, down 1.60 cents/lb. May New York Coffee is trading at 153.70, down 1.65 cents/lb. New York Coffee futures are choppy and just above the session lows after showing a steady trade early in the day....
Benzinga  Nov 29  Comment 
March New York Coffee is trading at 154.45, down 2.20 cents/lb. May New York Coffee is trading at 156.75, down 2.15 cents/lb. New York Coffee futures are trading choppy and a little above the session lows after showing a steady trade early in...
Benzinga  Nov 29  Comment 
March New York Coffee is trading at 156.05, down 0.60 cents/lb. May New York Coffee is trading at 158.40, down 0.50 cents/lb. New York Coffee futures are trading a little lower after Monday's choppy trading session. Chatter about...
Benzinga  Nov 28  Comment 
March New York Coffee is trading at 154.50, down 0.90 cents/lb. May New York Coffee is trading at 156.90, down 0.80 cents/lb. New York Coffee futures have moved down after showing some gains early in the session. Talk about Brazil's supply...
Benzinga  Nov 25  Comment 
March New York Coffee is trading at 157.35, down 0.35 cents/lb. New York Coffee Futures are trading steady to lower during early post-holiday trading. Market chatter about Vietnam's coffee harvest and Brazil's supply of coffee is making the...
Benzinga  Nov 23  Comment 
March New York Coffee is trading at 157.80, down 4.05 cents/lb. New York Coffee Futures have extended the session losses. Trading is brisk. In other New York Soft commodities; March Cocoa is trading at 2420, down 20 $/MT. March Sugar is...
Benzinga  Nov 23  Comment 
March New York Coffee is trading at 160.10, down 1.75 cents/lb. New York Coffee Futures are trading a session lows. Market chatter about Brazil's planned coffee auctions is making the rounds. Brazil's government plans to sell 725,000 bags...
Benzinga  Nov 22  Comment 
March New York Coffee is trading at 163.70, up 0.40 cents/lb. New York Coffee Futures are trading steady early Tuesday morning. Market chatter about weather for Brazil's largest coffee growing region is making the rounds. Chatter that good...




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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