Where Are Coffee Prices Going?

31 May in Blog, Cocoa futures, coffee futures trading, commodity consulting, commodity trading, cotton futures, lumber futures, Michael Seery, milk futures, orange juice futures, Seery Futures.com, sugar futures

Coffee Futures--- Coffee futures in New York are sharply lower this Friday afternoon trading down 445 points at 177.50 a pound trading down for the week continuing its short term down trend as prices spiked to a low of 170.80 on Tuesday as I have been recommending a long position in this market between 165 – 170 so currently I’m still sitting on the sidelines waiting for the opportunity to arrive.

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