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0956 EDT Dow Jones – ICE Futures U.S. coffee is modestly higher after a sharp decline over the last couple of weeks. “It has reached fair value and we are no longer overpriced,” says James Cordier, portfolio manager for OptionSellers.com.
Dunkin’ Donuts’ coffee war expands to Ahwatukee (The Arizona Republic)
Dunkin’ Donuts’ battle for the Valley’s coffee market will move into the Ahwatukee Foothills on Wednesday, when a franchise opens at 48th Street and Chandler Boulevard.
Getting fresh: Starbucks to grind and brew coffee more frequently (Newsday)
In other consumer news — recall on children’s sweatshirts found at Macy’s Starbucks Corp. plans to start grinding and brewing coffee more frequently in U.S. stores to ensure fresh batches are always available.
