Thursday, June 14, 2007

Coffee Falls in New York on Speculation Weather Will Help Brazil Harvest

(Bloomberg) -- Coffee futures fell in New York as
the threat of frost in Brazil receded, raising expectations that
good weather will help this year's harvest.

There are no freezing temperatures forecast for coffee-
growing areas in Brazil, the world's largest producer, according
to Meteorlogix LLC of Woburn, Massachusetts. The country's
harvest runs through October.


Read more at Bloomberg Commodities News

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