KCSTAR/ K.G.Hall
In July, coffee's retail price in the USA was up 20.7% y/y...and the industry's veterans are blaming speculators...like hedge funds.
There's actually no shortage of coffee say the experts.
"It's not a true coffee market anymore, where the laws of supply and demand hold forth," said a trader for Walker Coffee Trading in Houston.
Popular Posts
- MEXICO: 2 Girls Scale U.S. Border Fence... In Under 18 Seconds.
- POLAND: Palikot Already Stirring The Parliamentary Pot...With Request To Remove Crucifix.
- VENEZUELA: China Will Help Finance 3 New Power Plants For $520 Million In Oil.
- BRASIL: Contract To Build Belo Monte Dam Is Awarded; Bloodshed Threatened.
- CHILE: Navy's Touring Tall Ship...Has Sordid Past.
- RUSSIA / GERMANY : Nein! Germany Withdraws Quadriga Prize For Putin.
- MEXICO: 28 April UPDATE: More Death Discovered In Durango...As Body Count Grows Again By 8; Total 104...So Far.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- CHILE / NEW ZEALAND: Santiago Eyes Volcanos For Geothermal Energy.
- COLOMBIA / PERU / CHILE / MEXICO: New "Pacific Alliance" Begins.
