http://www.1mtx.com/markets-trades/en/index.php?language=en&menu=MARKETS&punkt=Soft&punkt2=Soft&index=KC#SoftKC ...The English word 'coffee' is believed to be derived from the name of the place from which coffee originated, Kaffa, Ethiopia. Coffee's Arabic name, qahhwa, was borrowed by Ottoman Turkish as kahve, which in turn was borrowed into Italian as caffe. Early forms date to as early as the last decade of the 16th century, but the word 'coffee' itself did not come into use until the early to mid 1600s... ... Commodities Softs & : KC Coffee 'KC' is the Symbol of Coffee Futures traded at the ICE NYBOT, a commodity futures exchange located in New York City. KC Futures Contract Specs. Coffee is also traded at the NYMEX Softs Symbol: KT . Coffee: the second most widely traded commodity in the world (behind petroleum) - $70 billion pa - and one of the most widely consumed beverages (over 400 billion cups consumed every year). »...below Latest Updates... Latest Coffee Prices (Markets: New York, German, French) ? Daily Prices ? Previous Month ? 2004 - 2008 |Columbian Mild|Other Mild Arabics|Brazilian Natural|Robustas| (Sources: ICO International Coffee Organization) Latest Updates... »...Coffee: In 2010, global coffee net-exports is projected to reach 5.5 million tonnes (92 million bags). ...Latin America and the Caribbean, with an export of 2.9 million tonnes (48 million bags), is expected to continue to be the leading exporting region, ... World consumption of coffee is projected to increase by 0.4 % annually from 6.7 million tonnes (111 million bags) in 1998 - 2000 to 6.9 million tonnes (117 million bags) in 2010... FAO.org Document List of major commodities exchanges around the world, trading Coffee: ....1MTX List of major commodities exchanges around the world Exchanges Traded Commodities USA NYBOT » ICE Softs &: Cocoa (CC), Coffee (KC), Orange Juice (OJ), Sugar #11 (SB), Sugar #14 (SE), Cotton (CT), Ethanol, Pulp, NYMEX Energy: Crude Oil (CL), Heating Oil (HO), Natural Gas (NG), Propane Gas (PN), RBOB Gasoline (RB), Unleaded Gas (HU), PJM Electricity & Coal Futures, Metals: Aluminum (AL), Copper (HG), Gold (GC), Palladium (PA), Platinum (PL), Silver (SI), Softs: Cocoa (CJ), Coffee (KT), Cotton (TT), Sugar #11 (YO) CME Softs &: Lumber (LB), Fertilizer, CME Weather, Meats &: Feeder Cattle (FC), Frozen Pork Bellies (PB), Lean Hogs (LH), Live Cattle (LC), CME Milk, Butter, Brazil BM&F Softs &: Coffee, Sugar, Cotton, Alcohol, Meats &: Feeder Cattle, Live Cattle, Grains: Soybeans, Corn, Metals: Gold, Australia SFE»ASX Meats &: Cattle, Softs &: Wool, Energy: Electricity, Japan TGE Softs &: Coffee, Sugar, Vegetable, Silk, Grains: Soybeans, Red Bean, Corn, TOCOM Metals: Gold, Silver, Platinum, Palladium, Aluminum, Energy: Crude Oil, Gasoline, Kerosene, Softs &: Rubber, India NCDEX Grains + Softs &: Cashew, Castor Seed, Chana, Chilli, Coffee, Cotton Seed Oilcake, Crude Palm Oil, Groundnut (in shell), Groundnut Expeller Oil, Guar gum, Guar Seeds, Gur, Jeera, Jute sacking bags, Indian Cotton, Lemon Tur, Masoor Grain Bold, Medium Staple Cotton, Mentha Oil, Mulberry Green Cocoons, Rapeseed - Mustard Seed, Pepper, Potato, Raw Jute, IndianParboiledRice, IndianRawRice, RBD Palmolein, RMSeed Oil Cake, Refined Soy Oil , Rubber, Sesame Seeds, Soy Bean, Sponge Iron, Expeller Mustard Oil, Mulberry Raw Silk, Sugar, Turmeric, Urad, Wheat, Yellow Peas, Yellow Red Maize, Yellow Soybean Meal, Metals: Electrolytic Copper Cathode, Aluminium Ingot, Nickel Cathode, Zinc Metal Ingot, Mild Steel Ingots, Gold KG, Silver, Energy: Brent Crude Oil, Furnace Oil, MCX Grains + Softs &: Arecanut, Cashew Kernel, Castor Seed, Chana, Chilli, Cotton, Cotton Seed, Crude Palm Oil, Groundnut Oil, Guar gum, Guar Seeds, Gur, Tur, Maize, Masoor, Mentha Oil, Mustard Seed, Spices and Pepper, Potato, Rice (Basmati, Sarbati), RBD Palmolein, Refined Soy and Sunflower Oil , Rubber, Sesame Seeds, Sugar, Urad, Wheat, Yellow Peas, PVC, PP, HDPE, Metals: Gold, Silver, Aluminum, Copper, Lead, Nickel, Sponge Iron, Steels, Tin, Zinc, Energy: Crude Oil, Brent Crude Oil, Natural Gas, Furnace Oil, Europe Euronext Softs &: Cocoa, Coffee, White Sugar, Grains: Corn, Rapeseed, Feed Wheat, Milling Wheat, TurkDEX Softs &: Cotton, Grains: Wheat, Metals: Gold, Coffee: An estimated 7 million tons are produced annually, 75% of which is exported, most to the U.S., Japan and European markets. ? Exports (by exporting countries to all destinations - Source: ICO) List: Top Coffee (Green) Producers 2005 (World Total 7.72 million MT) Rank Worldwide, 25 million small producers rely on coffee for a living. For instance, in Brazil alone, where almost a third of all the world's coffee is produced, over 5 million people are employed in the cultivation and harvesting of over 3 billion coffee plants. It is a much more labour-intensive culture than alternative cultures of the same regions as soy, sugar cane, wheat or cattle, as it is not subject to automation and requires constant attention. The world's largest transfer point for coffee is the Port of Hamburg Germany. ...A coffee plantation on a hill near Orosí, Costa Rica.... A coffee plantation on a hill near Orosí, Costa Rica ADVERTISEMENT Books: 'Coffee' Magazines: 'Coffee' Home & Garden: 'Coffee' Gourmet Food: 'Coffee' The largest coffee exporting nation: Brazil However in recent years the green coffee market has been flooded by large quantities of Robusta beans from Vietnam. Many experts believe this giant influx of cheap green coffee after the collapse of the International Coffee Agreement of 1975-1989 with Cold War pressures led to the prolonged pricing crisis from 2001 to 2004. In 1997 the "c" price of coffee in New York broke US$3.00/lb, but by late 2001 it had fallen to US$0.43/lb. Robusta coffees (traded in London at much lower prices than New York's Arabica) are preferred by large industrial clients (multinational roasters, instant coffee producers, etc.) because of their lower cost. There are two main species of the coffee plant: ? Coffea arabica being the older one. Coffee is thought to be indigenous to south-western Ethiopia, specifically from Kefa, from which it may have gotten its name. While more susceptible to disease, it is considered by most to taste better than the second species, Coffea canephora (robusta). ? Robusta, which contains about 40-50% more caffeine, can be cultivated in environments where arabica will not thrive and probably originated in Uganda. This has led to its use as an inexpensive substitute for arabica in many commercial coffee blends. Compared to arabica, robusta tends to be bitter and has little flavor, with a telltale "burnt rubber" or "wet cardboard" aroma and flavor. Good quality robustas are used as ingredients in some espresso blends to provide a better "crema" (foamy head), and to lower the ingredient cost. In Italy many espresso blends are based on dark-roasted robusta. The large industrial roasters use a steam treatment process to remove undesirable flavors from robusta beans for use in mass-marketed coffee blends. Other species include Coffea liberica and Coffea esliaca, believed to be indigenous to Liberia and southern Sudan. ADVERTISEMENT ...Belo Horizonte, capital of the State of Minas Gerais is one of the financial centers of Brazil... Belo Horizonte, Brazil Take a break... 'old floor nymex' Coffee & TV - Blur all saints - black coffee ...just relax... »...The preference of the "Big Four" coffee companies for cheap Robusta is believed by many to have been a major contributing factor to the crash in coffee prices and the demand for high-quality Arabica beans is only slowly recovering. After the crash, many coffee farmers in Africa, Indonesia and South and Central America lost their livelihoods, or turned to illicit crops such as coca to earn a living. The Fair Trade Organization has attempted to remedy the situation by guaranteeing coffee growers a negotiated pre-harvest price; many smaller roasters and recently Proctor & Gamble and Starbucks have joined Fair Trade. Another issue with coffee is ecological: the American Birding Association has led a campaign for sustainably harvested, shade-grown and organic coffees vs. the newer mono-cropped full-sun varieties, which lead to deforestation and loss of bird habitat. Arabica coffees were traditionally named by the port they were exported from, the two oldest being Mocha, from Yemen, and Java, from Indonesia. The modern coffee trade is much more specific about origin, labeling coffees by country, region, and sometimes even the producing estate. Varietal is a botanical term denoting a taxonomic category ranking below species, a designation more specific than Arabica or Robusta and unrelated to the coffee's place of origin. Coffees consisting entirely of beans from a single varietal, bourbon, for example, are generally referred to as such, along with a reference to their place of origin (as in: Rwanda Blue Bourbon). Coffee aficionados may even distinguish auctioned coffees by lot number. Most arabica coffee beans originate from one of three growing regions; Central America, East Africa/Arabia, and Asia/Pacific. Beans from different countries or regions usually have distinctive characteristics such as flavor (flavor criteria include terms such as "citrus-like" or "earthy"), aroma (sometimes "berry-like" or "flowery"), body or mouthfeel, and acidity. Acidity refers to a tangy or clean-tasting quality, typically present in washed or wet processed coffees. It does not refer to a coffee's pH level. (black coffee has a pH of around 5). These distinguishing taste characteristics are dependent not only on the coffee's growing region, but also on its method of process and genetic subspecies or varietal. "Caracoli", also known as peaberry, is a coffee bean which develops singly inside the coffee cherry, which normally contains two. The Caracoli beans occur in all regions of the world, on all types of coffee bush (~4% of all beans). Since flavour is concentrated when only a single bean is grown inside the cherry, Caracoli beans (especially Arabica) are highly prized. ADVERTISEMENT ...Coffea arabica—Brazil... Coffea arabica Take a break... Bob Dylan - One More Cup Of Coffee Sertab sings One More Cup Of Coffee Koop - Come to me ...just relax... The roasting process is integral to producing a savory cup of coffee. When roasted, the green coffee bean expands to nearly double its original size, changing in color and density. As the bean absorbs heat, the color shifts to yellow and then to a light "cinnamon" brown then to a dark and oily color. During roasting oils appear on the surface of the bean. The roast will continue to darken until it is removed from the heat source. At lighter roasts, the bean will exhibit more of its "origin flavor" - the flavors created in the bean by the soil and weather conditions in the location where it was grown. Coffee beans from famous regions like Java, Kenya, Hawaiian Kona, and Jamaican Blue Mountain are usually roasted lightly so their signature characteristics dominate the flavor. International Coffee Organization (ICO.org) Tea and Coffee Trade Journal Honduras Coffee Commodities The Story Of Coffee: "The story of how coffee growing and drinking spread around the world is one of the greatest and most romantic in history. It starts in the Horn of Africa, in Ethiopia, where the coffee tree probably originated in the province of Kaffa. There are various fanciful but unlikely stories surrounding the discovery of the properties of roasted coffee beans. One story has it that an Ethiopian goatherd was amazed at the lively behaviour of his goats after chewing red coffee berries..." » Overview: CBOT - CME - ICE - NYBOT - NYMEX The Chicago Board of Trade (CBOT), established in 1848, is the world's oldest futures and options exchange. More than 50 different options and futures contracts are traded by over 3,600 CBOT members through open outcry and eTrading. On 12 July 2007, the CBOT merged with the CME (Chicago Mercantile Exchange)and ceased to exist as an independent entity. » CBOT (History, Building, The Pit) » CBOT (Website) The Chicago Mercantile Exchange (CME or, simply, "The Merc"), is an American financial exchange based in Chicago. The CME was founded in 1898 as the Chicago Butter and Egg Board. Originally, the exchange was a not-for-profit organization. The exchange demutualized in November 2000, went public in December 2002, and merged with the Chicago Board of Trade (CBOT) in July 2007 to become CME Group Inc. CME trades several types of financial instruments: interest rates, equities, currencies, and commodities. It also offers trading in alternative investments such as weather and real estate derivatives. CME has the largest options and futures contracts open interest (number of contracts outstanding) of any futures exchange in the world. » more (Trading Methods, Merger with CBOT) » CME Group (Website) IntercontinentalExchange (ICE) is an American financial company that operates Internet-based marketplaces which trade futures and over-the-counter (OTC) energy and commodity contracts as well as derivative financial products. While the company's original focus was energy products (crude and refined oil, natural gas, power, and emissions), recent acquisitions have expanded its activity into the "soft" commodities (e.g. sugar, cotton and coffee), foreign exchange and equity index futures. The company expanded rapidly in 2007, acquiring the New York Board of Trade (NYBOT), ChemConnect (a chemical commodity market), and the Winnipeg Commodity Exchange. In March of 2007 ICE made an unsuccessful $9.9 billion bid for the Chicago Board of Trade (CBOT), which was instead acquired by the Chicago Mercantile Exchange (CME). » more (wikipedia) » ICE (Website) The New York Board of Trade (NYBOT) is a wholly-owned subsidiary of IntercontinentalExchange (ICE). It is a physical commodity futures exchange located in New York City. It originated in 1870 as the New York Cotton Exchange (NYCE). In 1998, the New York Board of Trade became the parent company of both the New York Cotton Exchange and the Coffee, Sugar and Cocoa Exchange (CSCE) (founded in 1882) and that now function as divisions of the NYBOT. On September 14, 2006, NYBOT agreed to become a unit of ICE and this transaction was completed on January 12, 2007. » more (wikipedia) » ICE NYBOT (Website) The New York Mercantile Exchange (NYMEX) is the world's largest physical commodity futures exchange, located in New York City. Its two principal divisions are the New York Mercantile Exchange (NYMEX) and the New York Commodities Exchange (COMEX) which were once independent companies but are now merged. The NYMEX is now traded publicly, as its parent company, NYMEX Holdings, Inc. became listed on the New York Stock Exchange on November 17, 2006, under the ticker symbol NMX. » more (wikipedia) » NYMEX (Website) Articles: » IntercontinentalExchange and New York Board of Trade Complete Merger (TheICE.com) » ICe, Nymex battle takes futures clones to softs front (Jan. 8, 2007 - MarketWatch.com) » CME Group Inc. to Acquire NYMEX Holdings, Inc. (March 17, 2008 - NYMEX.com) TRADES GLOSSARY A - Z Financial Instruments - Commerce - International Trade | Reports | Analysis | Opinions | Comments | "...For much of the last decade, coffee prices have remained under the costs of production. When this happens, there is naturally little or no incentive to produce coffee. This has recently resulted in many coffee trees being less cared for or simply uprooted to open acreage for other agricultural commodities. And even worse, coffee producers have gone into extreme financial difficulties or even bankruptcy. There are many examples of these eventualities in the coffee producing areas of Africa and Latin America. Is this the time to invest in coffee? ..." Read more...» Coffee - Time to Invest? (by Bonneuil Report) "...When you think of major coffee countries, odds are that Vietnam does not jump to your mind. Yet in recent years, Vietnam has shot up through the world’s coffee exporting ranks, now second only to Brazil in tons of coffee exported nationally. This rapid rise from utter anonymity in the coffee-producing world to its current exporting prowess has put the country at the center of a global economic controversy, as countries from Colombia to Tanzania blame Vietnam for contributing to the swell of coffee supply and plummeting prices. No small fact, considering that coffee is the world’s second-most widely traded commodity, second only to petroleum ..." Read more...» Vietnam: Silent Global Coffee Power (by Alex Scofield) ^ top Sources: wikipedia.org; NYBOT; FAO.org; ICO.org; Others; .1MTX 2007 / 2008
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