We drink it every day; we love the flavor in various foods and beverages, we use it to wake up in the morning and we "grab" a cup for meetings. Coffee also known as Coffea, is one of the largest commodity markets in the world, but what do we really know about it?
It is believed coffee plants originated in the Ethiopian province of Kaffa. By the 15th century, via the port of Mocha, coffee was cultivated in Yemen. By the late 1600's coffee was discovered by consumers around the world with the Dutch often given credit for introducing the product to various countries.
By the 1830's Brazil became the largest producer of coffee. In the early 1900's Colombia became a global producer. The opening of the Panama Canal was influential to Colombia's exporting. According to the Commodity Research Bureau Yearbook, Puerto Rico and Hawaii are the only two areas of the U.S. for sizeable coffee production.
It is a slow production cycle as the coffee plant will not produce first full coffee bean crop until READ MORE
Follow Mark Shore on Twitter, Facebook and Linkedin
Copyright ©2014 Mark Shore. Contact Mark Shore for permission for republication at email@example.com Mark Shore has more than 25 years of experience in the futures markets and managed futures, publishes research, consults on alternative investments and conducts educational workshops. www.shorecapmgmt.com
Mark Shore is also an Adjunct Professor at DePaul University’s Kellstadt Graduate School of Business, where he teaches the only known accredited managed futures course in the country. He is also a Board Member of the Arditti Center for Risk Management at DePaul University.
Past performance is not necessarily indicative of future results. There is risk of loss when investing in futures and options. Futures and options can be a volatile and risky investment; only use appropriate risk capital; this investment is not for everyone. The opinions expressed are solely those of the author and are only for educational purposes. Please talk to your financial advisor before making any investment decisions.