http://www.bloomberg.com/news/2012-12-04/record-brazil-coffee-crop-cuts-costs-for-starbucks-commodities.html
Most analysts are predicting a bumper crop of Brasil's arabica coffee beans for 2013.
Perhaps even a record 50.8 million bags of 'low-crop' season beans.
Prices may fall 12%...to $1.31/pound...by June.
Arabica beans are widely used by coffee retailing giants Starbucks and Dunkin Donuts.
Arabica stockpiles have been growing...as roasters switched to cheaper robusta beans.
But...a Florida commodities trader warns...'a lot of optimism about Brasil's crop has pretty much been factored in and any weather disturbances could take off 3-4 million bags.'
Popular Posts
- RUSSIA / CZECH REP / SWEDEN / MEXICO / BRASIL: Gauging Navalny's Real Support; American Sought For 4 Murders In Brno; Rioting Near Stockholm Spreads On 4th Night; Vigilantes Continue Narco Fight In Tierra Caliente; October Auction Scheduled For Giant Libra Subsalt Field.
- BRASIL / ITALY / GUATEMALA / USA / RUSSIA: 1 Dead, 7 Injured In Rio Fuel Tanks Fires/ Blasts; Ruby Heartstealer Admits Lying About Silvio's Sex Parties, Money; Ex-Prez Alfonso Portillo Extradited To USA For Money Laundering; Moscow Bans VKontakte By 'Mistake.'
- BRASIL: Pantless Lover...Barely Escapes Jealous Husband...From 3rd Floor.
- EL SALVADOR : Supreme Court Ruling Threatens 60,000 Gang War Truce.
- BRASIL / RUSSIA / EL SALVADOR : Week's Best Images From TIME.
- VENEZUELA / CUBA: Opposition Exposes Chavista Turmoil With Silva Tape.
- RUSSIA / AZERBAIJAN / DENMARK / EUROVISION 2013 / IMAGES: 21 May UPDATE: Moscow Outraged By Azeri Vote Problems; Denmark Won Finals...That Featured Lesbian Kiss; Germans Blame Poor Showing On Merkel.
- COSTA RICA /CANADA : 21 May UPDATE: BC Resident Deering Murdered In Escazu Home Invasion; Travel Advisory Issued.
- BRASIL : Dilma Wins Port Privatization Approval From Congress.
- ARGENTINA : Former Dictator Jorge Videla Dies In Prison.
