Coffee Falls Most in Two Weeks in New York on Inventories, Brazil Weather

(Bloomberg) -- Coffee fell the most in more than two
weeks in New York after stockpiles swelled and the threat of
frost abated in Brazil, the world's largest producer.

Inventories in warehouses monitored by the New York Board of
Trade stood at 4.23 million bags on July 11, the most since
October 2005. Supplies have surged 28 percent in the past year at
the exchange's delivery points in New York, New Orleans, Hamburg,
Miami and Antwerp, Belgium. Each bag weighs 132 pounds, or 60
kilograms.


Read more at Bloomberg Commodities News