Chris Kraft Quotes

December coffee futures have rallied about 10% in the past three days to $1.05 a pound from a low of 95 cents on Monday in response to the hurricane damage.

- Chris Kraft

Tags

December | Coffee | Futures | Rallied | Days |

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The hurricane has been downgraded slightly, so prices will tend to ease, but they could just as easily head higher again [if] the weather forecast dictates. - Chris Kraft

December coffee futures have rallied about 10% in the past three days to $1.05 a pound from a low of 95 cents on Monday in response to the hurricane damage. - Chris Kraft

Basically you've got a bunch of traders trying to outguess Mother Nature -- aswe also recently did with crude-oil futures and the two previous hurricanes. - Chris Kraft