Coffee Continues Rebound

One of the most volatile contracts recently, coffee, is rallying following continued dry weather in the world’s largest growing area, Brazil.

Cocoa is off over 3% after one of its biggest up days of the year yesterday.

Stock indexes are mixed and the energies are lower.

Here are the highlights around noon Eastern time:

Stock Index and Bond Futures•March T-bonds [USH0>USH0]: +14/32 to 93 5/32
•December S&Ps [SPZ9>SPZ9]: +1.50 to 1412.00
•December Dow futures [DJZ9>DJZ9]: +66 to 11,048
•December NASDAQ 100 futures [NDZ9>NDZ9]: -10.50 to 3064.00

Currencies
•December dollar index futures [DXZ9>DXZ9]: +.10 to 101.97
•December Japanese yen futures [JYZ9>JYZ9]:+.0036 to .9838
•December Swiss francs [SFZ9>SFZ9]: -.0020 to .6291
•December British pounds [BPZ9>BPZ9]: -.0112 to 1.5946

Energies•January crude [CLF0>CLF0]: -.42 to 25.55
•January unleaded gas [HUF0>HUF0]: -.0089 to .7060
•January heating oil [HOF0>HOF0]: -.0039 to .6655
•January natural gas [NGF0>NGF0]: -.047 to 2.310

Metals•March silver [SIH0>SIH0]: +6.7 to 527.5

Grains•January soybeans [SF0>SF0]: +5 3/4 to 473 1/2
•January soybean meal [SMF0>SMF0]: +2.3 to 147.7

Meats•February pork bellies [PBG0>PBG0]: -1.975 to 77.675

Softs and Fibers•March cocoa [CCH0>CCH0]: -39 to 888
•March coffee [KCH0>KCH0]: +6.00 to 124.50