(Bloomberg) -- Coffee futures in New York rose as
the arrival of winter weather in Brazil, the world's largest
grower, raised the threat of a damaging frost.
A polar-air mass is over the states of Minas Gerais, Sao
Paulo and Parana, which account for 85 percent of Brazil's
arabica output, according to Climatempo, a Sao Paulo-based
forecaster. The risk of frost helped boost coffee futures
5.4 percent in May, the biggest monthly jump since November.
Read more at Bloomberg Commodities News
the arrival of winter weather in Brazil, the world's largest
grower, raised the threat of a damaging frost.
A polar-air mass is over the states of Minas Gerais, Sao
Paulo and Parana, which account for 85 percent of Brazil's
arabica output, according to Climatempo, a Sao Paulo-based
forecaster. The risk of frost helped boost coffee futures
5.4 percent in May, the biggest monthly jump since November.
Read more at Bloomberg Commodities News
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