Coffee snaps its rising streak as rain revives supply and prices slide

New York

COFFEE, the best-performing commodity of 2014, is ending the year in a bear market that shows few signs of ending.

Prices that doubled this year by October fell 13 per cent in the past two months as rains aided parched trees in Brazil, the world's top grower.

November was the wettest month of the year, after the worst dry spell in eight decades forced Starbucks Corp and Folgers to charge more for their coffee.

Ecom Agroindustrial Corp predicts the 2015 crop will be at least 25 per cent bigger than the National Coffee Council's July …