coffee prices today - Arabica Coffee futures prices forecast 2013 : On Wednesday, the ICE futures market certainly energized the price of Arabica Coffee. Futures of Arabica Coffee set for March delivery popped nearly 3.9% ($0.056/pound) to settle at $1.4940/pound, their highest point since mid-November.
According to WSJ.com, the pop in price was "due largely in part to Congress's passage of a bill to avoid the "fiscal cliff" [that] boosted investors' appetite for commodities, especially one that declined sharply throughout 2012."
