US MIDDAY: coffee rebounds

Coffee futures recovered early Tuesday after tumbling to near a five-month low in the previous session, with cocoa also being given a lift after the macro-inspired selling caused by fears of a Greek default abated and sparked a rebound in both markets.
New York's September arabica futures increased 2.10 cents to trade at $2.484 per lb at 12:12 pm EDT (1612 GMT). New York's July raw sugar contract eased 0.24 cent to trade at 27.23 cents. New York's September cocoa futures rose $58 to end at $3,026 per tonne.