(Bloomberg) -- Coffee rose the most in five weeks
in New York after Brazil, the world's largest producer, cut its
forecast for this year's crop.
Farmers will harvest 2.2 million metric tons of coffee in
2007, less than the 2.25 million tons estimated last month, the
Brazilian Institute of Geography and Statistics said on its Web
site, without providing a reason for the reduction. Brazil's
harvest runs through October.
Read more at Bloomberg Commodities News
in New York after Brazil, the world's largest producer, cut its
forecast for this year's crop.
Farmers will harvest 2.2 million metric tons of coffee in
2007, less than the 2.25 million tons estimated last month, the
Brazilian Institute of Geography and Statistics said on its Web
site, without providing a reason for the reduction. Brazil's
harvest runs through October.
Read more at Bloomberg Commodities News
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