Fund Basics
See More- Fund Family N/A
- Assets Under Management 0
- Shares Outstanding, K 478
- 60-Month Beta -0.03
- Price/Earnings ttm N/A
- Annual Dividend & Yield 0.00 (0.00%)
- Most Recent Dividend N/A on N/A
- Management Fee N/A
Period | Period Low | Period High | Performance | |
---|---|---|---|---|
1-Month | 51.81 +4.23% on 05/30/23 |
Period Open: 54.08
| 56.67 -4.71% on 05/16/23 | -0.08 (-0.15%) since 05/08/23 |
3-Month | 48.23 +11.96% on 03/31/23 |
Period Open: 50.92
| 59.85 -9.77% on 04/18/23 | +3.08 (+6.05%) since 03/08/23 |
52-Week | 40.75 +32.52% on 01/11/23 |
Period Open: 63.27
| 67.41 -19.89% on 08/25/22 | -9.27 (-14.65%) since 06/08/22 |
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Soft commodities have been the leading sector of the raw materials asset class in 2023. In 2022, coffee and cotton futures reached over decade highs in February and May. The prices have come down from...
In February 2022, nearby ICE coffee futures reached the highest price since 2011 when they traded at a $2.6045 per pound high. The rally ran out of upside steam, sending Arabica coffee bean prices to a...
The soft commodities sector includes sugar, coffee, cocoa, cotton, and frozen concentrated orange juice. The agricultural products can be highly volatile, but frozen concentrated orange juice futures tend...
Arabica coffee futures are a volatile soft commodity that traded to a fourteen-year low in 2019 and an eleven-year high in 2022. At over the $1.80 per pound level on March 9, nearby coffee futures have...
Frozen concentrated orange juice futures trade in the soft commodities sector alongside sugar, Arabica coffee beans, cocoa, and cotton futures. While the Ivory Coast and Ghana are the primary cocoa producers...
Arabica coffee futures on ICE corrected from the 2022 high at over $2.60 per pound, the highest price since 2011. After falling to the $1.42 level, the price action has stabilized, and some analysts are...
Coffee is a highly volatile commodity that has only traded above the $3 per pound level in the futures market in 1977, 1997, and 2011. In February 2022, the price moved above the $2.60 per pound level,...
Brazil is the world’s leading Arabica coffee bean producer and exporter. Each year, the weather and crop diseases are significant factors for world supplies. Coffee futures have risen to over $3 per...
After rising to the highest price in over a decade at above the $2.60 per pound level in February 2022, Arabica coffee futures pulled back. Coffee futures broke out to the upside in July 2021 when the...
After trading above the $1 per pound level from 2006 through 2018, the nearby ICE coffee futures price straddled $1 in 2018 through mid-2020 before taking off on the upside and over doubling. Arabica coffee...
After correcting from the nearly $2.60 per pound high in February 2022, coffee futures got close to the $2 per pound level in mid-May. Three months of bearish price action where ICE Arabica coffee futures...
Coffee prices rose to the highest level since 2011, when the price traded to $2.6045 per pound in February 2022. Since then, the price has corrected but has held above the $2 per pound level. Coffee is...
Arabica coffee futures traded below $1 per pound in early 2020 before taking off on the upside. In February 2022, the price reached over $2.60 for the first time in over a decade since 2011. Coffee futures...
In mid-2020, coffee futures were still probing below the $1 per pound level as abundant Arabica bean supplies and a falling Brazilian real weighed on the soft commodity’s price. The last time coffee...
A cup of coffee costs a lot more at the end of 2021 than it did at the same time in 2020, and all signs point to even higher prices in 2022. While the weather has weighed on supplies, input costs continue...
Not long ago, ICE coffee futures were below $1 per pound. In July 2020, the price moved above that level and has not looked back. Coffee futures rallied above $2 for the first time in July 2021. It may...
Nearby ICE coffee futures traded at over $1.60 per pound last week. with support from the weather in Brazil and a rising Brazilian real, the soft commodity is percolating higher and a test of the November...
Coffee futures continue to make higher lows and higher highs. Coffee is a highly volatile soft commodity that has been trending higher since the April 2019 low.
Name | % Holdings |
---|
3rd Resistance Point | 56.61 |
2nd Resistance Point | 56.09 |
1st Resistance Point | 55.04 |
Last Price | 54.00 |
1st Support Level | 53.48 |
2nd Support Level | 52.96 |
3rd Support Level | 51.91 |
52-Week High | 67.41 |
Fibonacci 61.8% | 57.22 |
Fibonacci 50% | 54.08 |
Last Price | 54.00 |
Fibonacci 38.2% | 50.93 |
52-Week Low | 40.75 |
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