QUOTE AND NEWS
Benzinga  Dec 17  Comment 
March Coffee Futures closed the day at $171.80, down $5.90. Coffee closed at lowest level since July 22 on active overseas harvest and general selling due to industry production estimates for Brazil. In other soft commodities, March Cotton...
Benzinga  Dec 15  Comment 
March NY Coffee futures closed $4.65 higher, near the highs of the session after reaching a five-month low. In other soft commodity trading, March Cocoa futures closed $22 higher during a quiet trading session. Sugar futures closed lower on the...
Agrimoney.com  Dec 5  Comment 
Arabica coffee records its weakest close in four months, undermined by pre-holiday malaise - and concerns over early-2014 fund activity
SeekingAlpha  Oct 14  Comment 
By Dorsey Wright Money Management: By Chris Moyer In some of our recent posts regarding commodities we've noted the large declines the majority of this asset class has seen in recent months. Some of the hardest hit sectors have been the...
Agrimoney.com  Oct 6  Comment 
The removal of rains from the Brazilian weather outlook sends coffee futures soaring, with the impact of an election result playing a supporting role
Agrimoney.com  Sep 1  Comment 
Robusta coffee futures post decent gains, spurred by downbeat Indonesian exports. But whet fails, this time, to react to the mounting Ukraine crisis
Agrimoney.com  Jul 31  Comment 
Coffee futures have potential to soar well above the 196 cents a pound they jumped to on Thursday, Citigroup says, cutting its Brazil harvest forecast




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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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