Losing streak continues: ICE Coffee down 1.89%, closes at $176.65, making it the 5th consecutive day of losses

A quick look at Friday: Coffee ended Friday at $176.65 per pound following from closing Thursday at $180.05. Overall, this represents a loss of $3.4 or 1.89%.

Arabica Coffee's value drop coincided with the fact that Cotton goes down 2.02% Friday and closed at $79.16. Sugar draws back 0.43% Friday and closed at $20.76.

Though the Coffee future has been dropping, other Softs have been performing better: Cocoa added 1.86% and closed around $2,688 Friday.

2 months ago, Arabica Coffee fell to a low of $151.1 but has since recovered 19.16%.