Thursday, 26 July 2007

Coffee Rises in New York on Forecast for Below-Normal Brazil Temperatures

(Bloomberg) -- Coffee rose in New York as forecasts
for colder-than-normal weather spurred concern that a crop-
damaging frost may develop in Brazil, the world's largest
producer.

Temperatures probably will be below normal through July 29,
said Meteorlogix LLC in Woburn, Massachusetts. A ridge of high
pressure over southern Parana state has brought the coolest
weather of the winter season so far, the private forecaster
said. No damaging cold is expected.


Read more at Bloomberg Commodities News

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