ICE Coffee Futures Fall for Fifth Consecutive Day by FC Stone

Arabica  coffee  futures  fell  Tuesday  on  speculative  selling.  The  most  active  contract  for
December delivery settled 115 points lower at 120.55 cents a pound.  Market sentiment in
general  was  less  bearish  with  the  recovery  of  some  commodity  and  the  equity  markets.    
Currencies remained to affect the coffee prices.   High volatility of the euro and the producing
countries currencies was  noted today.   In Brazil, the real lost power after an early rally.  The
BRL was trading at BRL3.5816 - 290, at 3:00 pm EST.  In Colombia the peso recovery slightly,
trading at COP3, 208.7 at 3:00 pm EST.  In coffee related news:
 
- Rabobank sees global deficit of 1.9 m bags in 2015-16 crop year
- Starbucks CEO says market volatility won’t affect growth  plans
- ICE Certified Stocks  up 3,949 to 2,089,150 bags