(Bloomberg) -- Coffee fell from a four-week high in
New York as concerns eased that a crop-damaging frost may
develop in Brazil, the world's largest producer.
No freezing weather is forecast through July 28 in Brazil's
growing regions, said forecaster Meteorlogix LLC in Woburn,
Massachusetts. Northern Parana and western Sao Paulo states will
see temperatures as low as 41 degrees Fahrenheit (5 degrees
Celsius). Forecasts for colder-than-normal weather helped send
prices yesterday to their biggest gain in seven weeks.
Read more at Bloomberg Commodities News
New York as concerns eased that a crop-damaging frost may
develop in Brazil, the world's largest producer.
No freezing weather is forecast through July 28 in Brazil's
growing regions, said forecaster Meteorlogix LLC in Woburn,
Massachusetts. Northern Parana and western Sao Paulo states will
see temperatures as low as 41 degrees Fahrenheit (5 degrees
Celsius). Forecasts for colder-than-normal weather helped send
prices yesterday to their biggest gain in seven weeks.
Read more at Bloomberg Commodities News
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