Coffee Futures Little Changed
September Coffee is trading at 143.40, up 0.10 cents/lb. December Coffee is trading at 146.35, up 0.05 cents/lb.
New York Coffee futures are trading steady early Thursday morning.
Market chatter about global coffee demand and Brazil's coffee production is constant. Trading is rangebound.
Some talk about Central American coffee supply is showing up. Central American coffee production is continuing to recover from the long outbreak of Roya fungus.
Coffee exports from Honduras were down 18.5 percent last month versus a year ago. There is talk that smuggling into Mexico and Guatemala accounts for a good part of the decline.
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