KC=F - Coffee Jul 23
| Pre. Settlement | N/A |
| Settlement Date | 2023-07-19 |
| Open | 177.15 |
| Bid | 178.70 |
| Last Price | 178.65 |
| Day's Range | 175.55 - 179.80 |
| Volume | |
| Ask | 178.75 |
Yahoo FinanceStocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
Stocks moving in after-hours: Berkshire Hathaway, Capital One, Beam, Tesla
ReutersCoffee chain Tim Hortons to open stores in South Korea
North American coffee shop chain Tim Hortons will enter the retail market in South Korea later this year, its parent company Restaurant Brands International said in a statement on Wednesday. The company said the new stores in the Asian country, one of the fastest growing coffee markets in the world, would be developed under a master franchise agreement with BKR Co Ltd, a local operator in the quick service business. Tim Hortons has around 5,600 stores in 15 countries, with a larger presence in Canada and the United States.
- USA TODAY
Dunkin's new perk: Free cup of coffee every Monday in May
Dunkin’ has a new perk brewing for members of its rewards program. Rewards members can fuel up with a free cup of coffee every Monday in May.
- Reuters
Costa Rican coffee exports fall by a fifth in April
Costa Rica's coffee exports slid 20.5% in April compared to the same month last year, with the drop in shipments blamed on logistical problems, according to information released by national coffee institute ICAFE on Tuesday. ICAFE data showed that April exports reached 117,934 60-kg bags, more than 30,000 fewer bags than in the year-ago month.
The TelegraphWhy the British coffee shop craze is grinding to a halt
Back in the halcyon days of 2019, you could expect to pay £2.67 for an average latte on the high street. Now, the price of the nation’s favourite coffee has surged to an eyebrow-raising £3.25.
USA TODAYAn unlikely trick to remove coffee stains from your mugs, thermoses
Have you ever been vexed by coffee stains on your mugs or coffee part? There's a simple to trick to clean them out with denture tablets.
USA TODAYGet their day off to the right start with 20 of the best gifts for coffee lovers
These are the best coffee lover gift ideas including coffee makers, coffee gift baskets and espresso machines
- Reuters
UPDATE 1-Ivory Coast restricts cocoa bean purchases for major traders as cap reached
Ivory Coast's cocoa regulator has restricted 20 major traders, including Cargill and Barry Callebaut, from purchasing beans for export after they reached their buying limits, the head of the Coffee and Cocoa Council (CCC) said on Thursday. Port arrivals have slowed as the world's top cocoa producer heads towards the end of its October-to-March main crop, raising concern exporters might default on their contracts due to tight supply. The CCC refuted this on Monday but said measures would be implemented to limit extra purchases and stock-building by some exporters while others struggled to meet their requirements.
Yahoo Finance VideoHere's the #1 lesson I learned as a commodities floor trader: Michele Schneider
Yahoo Finance’s Jared Blikre is joined by MarketGauge.com Director of Trading Education, Michele "Mish" Schneider, and StockCharts.com Chief Market Strategist, David Keller, CMT, as Michele discusses her experience as a commodities floor trader in New York.
- Reuters
Ivory Coast restricts cocoa bean purchases for major traders as cap reached
Ivory Coast's cocoa regulator has restricted 20 major traders, including Cargill and Barry Callebaut, from purchasing beans for export after they reached their buying limits, the head of the Coffee and Cocoa Council (CCC) said on Thursday. Port arrivals have slowed as the world's top cocoa producer heads towards the end of its October-to-March main crop, raising concern exporters might default on their contracts due to tight supply. "We have informed 20 exporters who reached their purchasing limits for the main crop that we have closed registration for them," CCC head Yves Brahima Kone told Reuters by phone.
ReutersStarbucks offers a dash of olive oil with its coffee in Italy
Starbucks has launched a new drink that mixes coffee with olive oil, offering it initially in Italy as an alternative to the more standard espresso or cappuccino. The so-called "Oleato" beverages are made with arabica coffee "infused with a spoonful of Partanna cold pressed, extra virgin olive oil," Starbucks, the world's largest coffee chain, said in a statement. Young drinkers at Starbucks flagship coffee shop in central Milan gave the initiative a qualified approval.
Simply Wall St.Westrock Coffee Company, LLC (NASDAQ:WEST) Has Found A Path To Profitability
Westrock Coffee Company, LLC ( NASDAQ:WEST ) is possibly approaching a major achievement in its business, so we would...
- Reuters
RPT-U.S. retail coffee prices rose as much as 50% in Q4 -report
Retail prices in the United States for roast and ground coffee, the most popular type sold, rose as much as 50% in the fourth quarter of 2022 from a year earlier, as companies tried to offset higher costs, a report said on Tuesday. Maxwell House boosted them 35% and Starbucks around 15%, the report said, as they tried to maintain revenue despite higher costs with coffee beans, labor, energy and packaging. "I have been a beverage analyst for 16 years and have never seen price increases this large," said Jim Watson, executive director, Beverages Research at RaboResearch.
- Reuters
U.S. retail coffee prices rose as much as 50% in Q4 -report
Retail prices in the United States for roast and ground coffee, the most popular type sold, rose as much as 50% in the fourth quarter of 2022 from a year earlier, as companies tried to offset higher costs, a report said on Tuesday. Maxwell House boosted them 35% and Starbucks around 15%, the report said, as they tried to maintain revenue despite higher costs with coffee beans, labor, energy and packaging. "I have been a beverage analyst for 16 years and have never seen price increases this large," said Jim Watson, executive director, Beverages Research at RaboResearch.
SmartAssetWhy Are People Investing in Cobalt? Should I?
To investors, natural resources are known as the "commodities" market. This is a major sector of investing, with both professionals and retail investors alike putting their money into assets like coffee, steel and corn every day. Although, given the extreme … Continue reading → The post How to Invest in Cobalt appeared first on SmartAsset Blog.
- Reuters
Juan Valdez coffee exec gets 3-6 years prison in New York over $900,000 theft
A former top executive at the North American operator of Juan Valdez coffee has been sentenced to between three and six years in a New York state prison after stealing more than $900,000 from the company. Rosita Joseph, 52, the former chief operating officer of NFCGC Investments Inc, was sentenced on Wednesday by Justice Laura Ward of the Manhattan criminal court, after pleading guilty to one count of grand larceny in the second degree. Manhattan District Attorney Alvin Bragg said in a statement that Joseph "brazenly fleeced her employer" over more than five years to inflate her paychecks, pay for expensive vacations including to the Bahamas and Barbados, and buy gold and diamond jewelry and Gucci accessories on Amazon.com.
The TelegraphWorking from home holds back sales recovery at coffee shops
A shift to working from home is holding back the post-pandemic recovery of Britain’s coffee shops, data shows.
- Reuters
Starbucks to expand U.S. delivery via DoorDash nationwide by March
Starbucks Corp expanded its U.S. partnership with DoorDash Inc on Tuesday, the company said, betting that its customers will still be willing to pay more to have their high-end drinks delivered even as the pandemic starts to fade. Coffee drinkers in Northern California, Texas, Georgia, Florida and some other markets can now get their Pistachio Cream Cold Brew delivered via DoorDash. The coffee chain tested DoorDash in Atlanta, Houston and Sacramento, California, before adding Seattle; Portland, Oregon; and New York City last year.
GOBankingRates16 Top Small Businesses We Spotlighted in 2022
Earlier this year, GOBankingRates asked our readers to nominate their favorite small businesses across the U.S., and we were inundated with nominations for restaurants, coffee shops, Etsy shops,...
Yahoo Finance VideoFood commodity prices fall to 2021 levels while consumer grocery bills remain elevated
Yahoo Finance markets reporter Ines Ferre joins the Live show to break down the latest food commodity prices while inflation in energy and wages continues to impact consumers' grocery bills.
- Reuters
Nestle's Nespresso to sell paper-based compostable coffee pods
Nestle's Nespresso coffee business is launching paper-based compostable capsules to attract customers put off by the Swiss packaged food giant's metal ones, which despite being recyclable often end up in landfill. Nespresso CEO Guillaume Le Cunff told Reuters that not all customers were aware that its aluminium capsules are recyclable, and may be more comfortable with the compressed paper pulp pods. Nespresso is one of Nestle's biggest brands, with 2021 sales of 6.4 billion Swiss francs ($6.7 billion), and also one of its most profitable.
- Reuters
Tim Hortons teams up with Alibaba to woo Chinese coffee drinkers
The operator of Canadian coffee chain Tim Hortons in China said on Thursday it had forged a two-year partnership with Alibaba Group's grocery chain that will see the two launch co-branded products. E-commerce giant Alibaba's Freshippo will begin sales next month at its stores, of which it has more than 300, as well as through its official app, it said in a statement. Products will include drinks such as Velvet Cocoa Coffee.
- Reuters
Rabobank sees growing coffee crop in Brazil, more sugarcane crushing
Brazilian coffee output will grow at least 8% next year to reach 68.5 million 60-kg bags, as the agricultural powerhouse sees a recovery in its plantations after a smaller-than-expected crop this year, according to a Rabobank forecast issued on Wednesday. The upbeat estimate comes as healthy rainfall soaked coffee farms in Brazil's main producing regions, Rabobank analyst Guilherme Morya told journalists in a webcast. Brazil is the world's top coffee exporter and producer, followed by Vietnam and Colombia.
ReutersExclusive-Arabica coffee heads to ICE warehouses, putting pressure on prices
Large volumes of arabica coffee are about to enter ICE exchange warehouses, traders with knowledge of the matter told Reuters, further weighing on global prices that have already hit one-year lows. The move to replenish ICE stocks removes one of the market's last supports and may eventually provide consumers respite from high retail coffee prices which always lag moves on global commodity exchanges. ICE arabica futures have been under pressure of late on concern that global economic growth is faltering just as top producer Brazil could potentially churn out a record crop.