Thursday, July 5, 2007

Coffee Falls in New York as Threat of Crop-Damaging Frost in Brazil Fades

(Bloomberg) -- Coffee fell in New York as forecasts
for warm weather reduced concerns that a frost would damage the
crop in Brazil, the world's largest producer.

Temperatures in Brazil's coffee-growing areas are expected
to be near to above normal, with lows of about 50 degrees
Fahrenheit (10 degrees Celsius), according to Meteorlogix LLC in
Woburn, Massachusetts. A ridge of high pressure will promote warm
and dry weather during the next week, the forecaster said.


Read more at Bloomberg Commodities News

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