Crop Conundrum for Coffee ETNs

The iPath Bloomberg Coffee Subindex Total Return ETN (NYSEArca: JO) was once of this year’s best-performing soft commodities exchange traded products, but that bullishness has recently evaporatd thanks to larger-than-expected crops in some major coffee-producing nations. Coffee’s November tumble snapped a six-month winning streak for the commodity. Fortunately, emand has jumped in recent years. According…Click to read more at