Production Data Jolts Coffee ETN
January 08, 2014 at 16:47 PM EST
Coffee bean prices, along with a related exchange traded note, are looking perkier as traders bet that the plunge in prices last year could deter farmers from overproducing in 2014. The iPath Dow Jones-UBS Coffee Total Return Sub-Index ETN (NYSEArca: JO) gained 3.2% Wednesday. JO is up 7% so far...