(Bloomberg) -- Coffee rose for the first time in
three sessions in New York as the winter season stoked concerns
that a frost may hurt crops in Brazil, the world's largest
producer.
``Everybody's got frost in their mind, even though I don't
think that we'll ever see a frost there again,'' said John Rose,
New York branch manager at Zaner Group LLC. ``Coffee crops have
been moved inland where there is less of a threat for frost. But
old habits die hard, and everybody remembers when it did
happen.''
Read more at Bloomberg Commodities News
three sessions in New York as the winter season stoked concerns
that a frost may hurt crops in Brazil, the world's largest
producer.
``Everybody's got frost in their mind, even though I don't
think that we'll ever see a frost there again,'' said John Rose,
New York branch manager at Zaner Group LLC. ``Coffee crops have
been moved inland where there is less of a threat for frost. But
old habits die hard, and everybody remembers when it did
happen.''
Read more at Bloomberg Commodities News
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