From finance.yahoo.com
This article was originally published on ETFTrends.com.
Coffee prices and related exchange traded note perked up Thursday as Brazilian farmers grow increasingly worried over the prospects of a record robust-coffee harvest in face of blazing heat withering the crops.
The iPath Series B Bloomberg Coffee Subindex Total Return ETN (JO) increased 3.9% on Thursday while ICE coffee futures rose 3.7% to $1.0590 per pound.