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from Wednesday, July 16, 2008

Real Name:Julie
Location:Michigan
Joined:4-1-2008
 
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Why commodity traders have had such an influence on the coffee market
BirdBarista
by BirdBarista  7-16-2008   
 A lot of the volitility and high market prices this year has been due to speculative futures trading. I had wondered why this was so influencial this year, and this article summarizes another piece in the trade press on how these markets have changed and why the market price of coffee has a lot to do with folks who have nothing to do with coffee. The original PDF is at http://www.coffeetalk.com/images/CTJun08web.pdf (BTW, I believe this applies to oil prices as well.)

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