Coffee Is Percolating. How Much Higher Will Prices Go from Here?

March coffee (KCH26) futures present a buying opportunity on more price strength. See on the daily bar chart for March coffee futures that prices are trending up and in October hit an eight-month high. The bulls have the near-term technical advantage as “the trend is their friend.” More News from Barchart Fundamentally, coffee prices have been increasing due to a combination of reduced supplies from weather problems in major producing countries like Brazil and Vietnam, tariffs on coffee imports, and bet ...