You are here

Coffee to fall further as rains boost Brazil supplies

BT_20151230_JAVA_2042877.jpg
Workers harvesting coffee cherries at a plantation in the Minas Gerais state near Guaxupe, Brazil. As favourable weather increases crop yields, declining currencies in producing countries are encouraging farmers to export supplies that fetch dollars in return.

New York

HEDGE funds are betting your morning cup of coffee is going to get cheaper, even as prices head for a sixth straight monthly loss. Arabica-coffee futures tumbled in 2015 as ample rains boosted crops in Brazil, the world's biggest producer and exporter. That's lowering costs for