Morning Caffeine Fix Gets Cheaper as Coffee Crop Boosted: Chart

Is Your Morning Caffeine Fix About to Get Cheaper?

Coffee lovers, rejoice. Your morning fix is getting cheaper as ample rain boost crops in Brazil, the world’s biggest producer and exporter, sending futures prices toward their sixth straight monthly loss.

ICE Futures U.S., cents a pound
ICE Futures U.S., cents a pound

Meanwhile, the average U.S. retail price for coffee fell 4.3 percent to $4.412 a pound in November, the lowest since February 2011. Hedge funds are betting further declines may come. For the full story, click here.

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