Friday, May 18, 2007

Coffee Falls for First Day This Week in New York as Brazil Skirts Frost

(Bloomberg) -- Coffee in New York fell for the first
time this week as the risk of frost diminished in Brazil, the
world's largest producer.

Favorable coffee-growing weather is expected in Sao Paulo
and Minas Gerais states, Massachusetts-based forecaster
Meteorologix LLC said. Coffee rose 3.1 percent yesterday on
forecasts for a likely frost that might damage crops.


Read more at Bloomberg Commodities News

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