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17 November 2009

BRASIL: Worldwide Coffee Supply May Drop 3.2% After Heavy Rains.

BLOOMBERG/
Global coffee supplies may drop by about 3.2 percent season, after rainfall cut production in Brasil, Vietnam and Colombia. World supply may fall to about 124 million bags. Coffee has rallied 24 percent this year, partly because Colombia’s production last season was at its lowest level since 1974.
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Labels: coffee production
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