QUOTE AND NEWS
Agrimoney.com  Apr 13  Comment 
... as it ditches expectations of a world coffee production surplus in 2016-17. The bank is upbeat over prices of high-quality arabica beans too
Agrimoney.com  Apr 5  Comment 
A weaker real weighs on coffee futures, while soybean prices come under pressure from weak export demand
Agrimoney.com  Apr 4  Comment 
A weaker real weighs on coffee futures, while soybean prices come under pressure from weak export demand
Agrimoney.com  Mar 17  Comment 
Agrimoney coffee editor Nicholas Burke assesses the reasons behind this month's bounce in coffee prices - and whether the gains will stick
Agrimoney.com  Jan 5  Comment 
Arabica prices slump under Brazilian rains and a weak currency, as macroeconomic outlook worsens
Agrimoney.com  Jan 4  Comment 
Robusta coffee futures outperformed arabica in 2015 - but that isn't saying much. With Vietnam still holding big stocks, can 2016 bring respite?
Agrimoney.com  Jan 4  Comment 
Arabica futures proved among the worst ag performers last year, hurt by currency factors as well as reduced supply concerns. Will that change in 2016?
Agrimoney.com  Nov 23  Comment 
Dry weather setbacks, and low stocks, will lift arabica coffee futures above market expectations. Still, a return to world output surplus looms
Agrimoney.com  Oct 9  Comment 
Dry weather in Brazilian growing areas, and some strength in the country's currency, push coffee futures higher
Benzinga  Sep 22  Comment 
New York Coffee futures are trading lower Tuesday morning. December Coffee is trading at 116.30, down 0.95 and near the lows of the day. Market talk about Brazil's real and emerging market currency values is making the rounds. Market chatter...




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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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