Coffee little changed

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Coffee futures are trading a little lower Tuesday. May N.Y. Coffee is trading at 138.45,down 0.25. July Coffee is trading at 140.90, down 0.35. Uncertainty over Brazil's coffee production has kept trading active recently. Chatter about weather for Brazilian coffee growing areas continues, some chatter has been making the rounds about recovery for coffee trees and possibly a larger crop in 2016. Chatter about potential dry weather in Vietnam is lingering. Market talk about currency values is now constant and has kept both buyers and sellers active. Trading is rangebound.
Posted In: FuturesCommoditiesMarkets
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