Coffee ETN Perks Up as Droughts Devastate Brazil’s Crop Outlook
August 30, 2021 at 14:14 PM EDT
Coffee futures and related exchange traded notes jumped on Monday as another round of poor weather forecasts threatened to weigh on an already-stressed crop outlook in Brazil, the world’s biggest coffee producer. The iPath Series B Bloomberg Coffee Subindex Total Return ETN (NYSEArca: JO)...