Liffe robusta coffee futures end higher amid reports of progress on Greece's efforts to secure a bailout deal. "The gains are off the news of the proposed loan deal in Greece, I think," a broker says, adding that the weaker US dollar against major currencies has helped to strengthen the broader soft commodities complex. March is up $30/ton, or 1.6%, at $1,861/ton.

ICE coffee futures reversed course several times in volatile trading Tuesday before finishing higher. "There's probably a pretty decent amount of spread trading going on," says Penson Futures' Bill Raffety. Arabica for March delivery found support early around $2.16/pound and hit the day's high of $2.2245 just 45 minutes later. Raffety says that jump was probably a combination of speculative buying, short-covering and hitting some stops. Arabica is now up for 4 straight sessions after hitting a near-7-week low Thursday. March arabica settled up 1% at $2.2095.