Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Viriato Magalhaes
11 hours ago
Armageddon got subdued, at least for now :).
1
0
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance Find Stocks Now
US Coffee C Futures - Jul 24 (KCN4)
Real-time capital.com
| Symbol | Exchange | Currency | ||
|---|---|---|---|---|
| KC | Derived | USD | Real-time | |
| KCc1 | ICE | USD | Delayed | |
| KCc2 | ICE | USD | Delayed | |
| KCc3 | ICE | USD | Delayed | |
| KCc4 | ICE | USD | Delayed | |
| KCc5 | ICE | USD | Delayed | |
| KCc6 | ICE | USD | Delayed | |
| KCc7 | ICE | USD | Delayed |
Add to/Remove from Watchlist
Add to Watchlist
228.95
-2.90
-1.25%
- Closed. Currency in USD ( Disclaimer )
Type:
Commodity
Group:
Agriculture
Unit:
1 Pound
- Prev. Close: 228.95
- Open: 230.57
- Day's Range: 223.62 - 234.47
US Coffee C
228.95
-2.90
-1.25%
- General
- Chart
- News & Analysis
- Technical
- Forum
- Overview
- Historical Data
- Related Instruments
- Contracts
US Coffee C Futures Contracts
In the table below you'll find the last, change, open, high, low and previous close for each US Coffee C Futures future contract. Click on the links column icons (Q C O) for quotes, charts, options and historical market data for each future contract - as well as the US Coffee C Futures Cash. (Price quotes for US Coffee C Futures are delayed by at least 10 minutes, as per exchange requirements).
  |
| © 2016 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. |
Write your thoughts about US Coffee C Futures
Are you sure you want to delete this chart?
Delete Cancel
Replace the attached chart with a new chart ?
Replace Cancel
Comment Guidelines
Viriato Magalhaes
11 hours ago
Not touching Brazil, all origins were affected by temps: Africa, Vietnam, India, Indonesia, CA, Mexico, Islands... Nobody knows yet if it affected the crops and if - to what extent, but anomalies were detected :). Move from Oct 2023 low to 200 level could be considered technical and range bound, but the move from 180 level to 250 level - unlikely :)... Looking at monthly, the only similarities I (personally) was able to detect - 1996/1997. In both cases initial low have been made in Jans (96 and 2023) and advances continued from Octs (96 and 23). It may not mean much at all but still :)...
0
0
Bruno O Souza
10 hours ago
Viriato Magalhaes june 1997 2.63
1
0
Viriato Magalhaes
7 hours ago
Updated prediction by NOAA for solar cycle 25 peak pointed to the period between Jan and Oct 2024 (previous prediction was pointing to 2025). Real cooling, related to GSM cycle, supposed :) to start after current cycle 25 will pass its peak, and La Nina is expected to arrive around June...
0
0
Wang Yujie
20 hours ago
what is going on?
1
0
anna blaz
18 hours ago
Armagedon
3
4
Hadi Ibrahim
Apr 22, 2024 2:18AM ET
If it follows cocoa patterns u can expect tremendous gains…check the weather if it was crops friendly in the producing countries like brazil so u will have better picture.. good luck
3
1
augustine mugabo
Apr 21, 2024 10:40AM ET
Do we expect coffee prices to hike in the coming weeks? if so, by how much?
2
1
Mercury KG
Apr 21, 2024 10:40AM ET
Ahhh, to have a crystal ball :-)
1
1
Viriato Magalhaes
Apr 19, 2024 9:38PM ET
It seems like cocoa processing in North America went up in a first quarter: plants processed 3.6% more vs first quarter of previous year (open sources info :)). Main point is not it grew up but it didn't fall as many expected due to price... Strong El Nino was usually damaging for Vietnam coffee crop and it seems, it happened again. But the one has to ask himself a simple question: if just some :) damaging weather, not yet (if at all) officially fully confirmed, is able to produce the move roughly equal to a move, justified by real multiple, fully confirmed frost in Brazil, is it really just weather in Vietnam or it may be something more to it ? Because if there is :), current move has a chance to continue (including pull backs), at first, toward 290 area and then who knows ... :) As GCA doesn't publish and current move up happened on superb Brazilian export, CONAB (till previous report) hasn't found anything suspicious and most important USDA reports, related to R are coming out in May as next CONAB report and ECF stocks report also coming in May (Brazil in June), weather continues to impress here and there, KC may still have about 1.5 months to entertain the market... :). I don't know if JD completed any field trips recently, but as she has very very long and extensive experience, unlikely she would mention the possibility of lighter yields for current Brazilian crop without any data in her hands... :) Also, Stoch on weekly and monthly charts didn't produce sell signal yet. All may change quickly of course, as KC has life its own :)... NOT an agitation to do anything !!! :)
7
1
Kenan Hajdari
Apr 19, 2024 9:38PM ET
The question is for Viriato
0
0
Viriato Magalhaes
Apr 19, 2024 9:38PM ET
No, I haven't. Main reasons are: 1) I have no power :) to make extensive trip to understand a whole picture as main road trips :) do not give a lot; 2) USDA lowered 23/24 crop for 3.8mb in its semi report (Nov, 2023) due to influence of strong El Nino as it was the case during past strong Los Ninos - there was nothing special in it, just normal reaction to the same (as before :)) cause; 3) If it would be something of very disastrous degree - we all would know about it already; 4) I follow closely the developments in important origins but only from open sources (my principle :)); 5) Vietnam situation in general is well known and covered (by USDA reports first of all), so what was going on till yesterday is completely within multiyear trend.
3
0
Viriato Magalhaes
Apr 19, 2024 9:38PM ET
As Vietnam is very important origin, most traders ask themselves 3 main questions: 1) Will USDA confirm, decrease or increase previously stated reduction (3.8mb) ? 2) What export of R USDA will project for 24/25 season ? 3) Will USDA come to a conclusion that current drought will affect to the downsize 24/25 harvest and if it will, to which degree ? In May we should get this info. As MGom once said :), 3.8mb -- roughly 4mb -- may not look huge for Vietnam specifically, but for the comparison purposes it is about ALL Mexican production. If you will combine possible Vietnam, Indonesia, India production problems in relation to record temps (not lost crops :) but just possible combined reduction and possible (!) consequences for next crop), the figure may be quite impressive. A specially, if you would assume retail consumption global growth at rate of 1.75 percent on annual basis... 1.75percent annual growth, as example, is nothing out of the range and this figure (1.5 - 2percent) correlates well with the growth in many other product groups, etc... It is mostly related to the population and income growth and the coffee culture becoming a fashion within countries where it was not strong historically...
3
0
Viriato Magalhaes
Apr 19, 2024 9:38PM ET
Superb export ex-Brazil post harvest 2023 may tell whatever :), but first of all, it tells that Brazil has coffee to export and consumption is doing just fine, otherwise export wouldn't be that great. Decreased export can be also explained by many reasons, but besides conspiracy and greedy producers :), it may mean that production/stocks are not that high and so, producers may allow themselves to be thrifty for some time... :) :) :)
3
0
Viriato Magalhaes
Apr 19, 2024 9:38PM ET
For instance, I saw some comments from Indian producers (Karnataka), complaining about the high temps and affected crop. I have no idea if it's true or not and if it is - to what degree, but high temps have been confirmed by weather stations, services, etc. Thus, at first and personally, I do expect some reduction to be stated and then everything else :). Reduction can be meaningful or not - it remains to be seen, but again, the temps were/are reality, not guesses and reduction would be inline with normal reaction of tree, etc... Most origins are not that technically/technologically advanced as Brazil and so, I would assume that in a bad scenario, effect would be of higher degree... There were rumors of possible quality issues in Brazil, how meaningful it is or will be :), if at all - remains to be seen, but weather was not perfect to provide superb crop... Weather could be manually :) corrected by some producers but for sure, not by all of them... :) :) :)
4
0
anna blaz
Apr 19, 2024 4:24PM ET
Co dalej będzie? Jak myślicie?
0
0
Sam Houston
Apr 19, 2024 9:28AM ET
since I stopped drinking coffee in January, my sleep quality drastically improved.. you should try it
5
5
Alpha Centauri
Apr 19, 2024 9:28AM ET
...imagine if Chinese reach average consumption of 1-2 cups per day. Will there be enough coffee?
3
0
Rodrigo Faria
Apr 19, 2024 9:28AM ET
Chinese consumption grew 4000% in 10 years. But thinking on the other hand, they have many lands with different climates, i.agi what if their production grows by a quarter of that?
1
2
Coffee Arabica
Apr 19, 2024 9:28AM ET
Sam, is this comment a low key, subtle way of influencing the market?
0
0
Viriato Magalhaes
Apr 19, 2024 9:28AM ET
In Asia it should become a true fashion, then it blows usually... Then it gets normalized and follows trend line. Coffee shops continue expanding in Vietnam, but it was like this 20 years ago... China may be close to that explosion, nobody knows... :)
2
0
Viriato Magalhaes
Apr 19, 2024 9:28AM ET
**** It was not like this 20 years ago...
2
0
Viriato Magalhaes
Apr 19, 2024 9:17AM ET
Two recent interesting observations: 1) the idea, that El Nino managed to produce (could produce :) :) :) ) some damage to crop in Vietnam got absorbed by the market; 2) Judy Ganes, who was not bullish recently :), mentioned that there are worries that processing yields for current Brazilian crop might come in light too; 3) European cocoa grinding fell only 2.2% despite rocketed prices (same JD mentioned that it could be the result of some processors to lock in as much physical supplies as they can :).
2
0
Viriato Magalhaes
Apr 19, 2024 9:17AM ET
Thus, in the absence of any officially declared :) disaster and in the presence of real great Brazilian export, KC completed roughly 100 points move in a very sharp (monthly :)) manner and almost (for now:)) reached previous post frost high. Only, again, there was frost this time... :)
1
0
Viriato Magalhaes
Apr 19, 2024 9:17AM ET
*** There was no frost this time :) :) :) :) :) !
0
0
Viriato Magalhaes
Apr 19, 2024 9:17AM ET
Temps continue breaking records, abnormal temps (for this period of time) are expected in Central Brazil. Expected doesn't mean materialized but means possible risk looking forward. Record temps in Africa, India, Asia..., Mexico, CA... Not meaning it will wipe out the crop (it will not !!!) but lighter yield :) can be produced in some areas :)...
2
0
Coffee Arabica
Apr 19, 2024 9:17AM ET
Viriato Magalhaes No frost but there was really difficult news out of Vietnam.
3
0
Rodrigo Faria
Apr 19, 2024 9:17AM ET
(Reuters) "The total climate cycle involving the two phenomena and the neutral phase usually takes between two and seven years, but experts stated that the transition period is getting shorter and shorter"
1
0
Kenan Hajdari
Apr 19, 2024 8:30AM ET
Maya a.k.a Big John is back... let's see what she's got to say
1
0
BIG John
Apr 19, 2024 8:16AM ET
Gap closed.
4
0
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review