Coffee Jul 24 (KC=F)
- Yahoo Finance Video
Commodities continue to see upside in first week of Q2 2024
The US dollar is moving higher after March's jobs data released Friday morning. Positive price action is reverberating across the commodity sector, notably cocoa futures (CC=F) and precious metals like gold (GC=F). Yahoo Finance Senior Markets Reporter Jared Blikre reviews the upsides seen across commodities in the first trading week of 2024's second quarter. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Luke Carberry Mogan.
- Yahoo Finance
FTC's suit against Kroger-Albertsons merger will have a 'chilling effect' on M&A activity
The FTC’s bid to block Kroger’s $25 billion acquisition of Albertsons will have a ‘chilling effect’ on dealmaking activity.
- Reuters
ICE to raise price premium for deliveries of Colombian coffee
The Intercontinental Exchange (ICE) will raise the price premiums for physical deliveries of some types of arabica coffee at the expiration of futures contracts at the exchange, including for Colombian beans, the exchange said on Tuesday. ICE said in a note to the market that commencing with the March 2026 contract expiry, there will be changes to the price differentials for the deliveries of coffees from Colombia, Kenya, Costa Rica and Guatemala. It said Colombian coffee deliveries will see a premium of 10 cents per pound from the current premium of 4 cents per pound over the futures.
