Dow Jones notes a Brazilian crop of more than 50 million bags would bring added pressure to the coffee market.
As is usually the case in financial markets, where there are losers, there are also winners. Coffee’s decline is producing winners in the form of Dunkin’ Brands (NasdaqGS: DNKN) and Starbucks (NasdaqGS: SBUX), shares of which are up 27.4% and 38.8%, respectively, this year.
Chart Courtesy: Kimble Charting Solutions