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Brazil drought makes coffee 2017 commo winner
Published Tue, Jan 17, 2017 · 09:50 PM
Sao Paulo
THE best part of waking up is likely to get more expensive.
Coffee futures are on a tear as regions of Brazil beleaguered by drought last year are heading for more of the same parched conditions. There's been no significant rain for almost a month in Espirito Santo state, the nation's top grower of the robusta variety. It's gotten so dry that the government has reinstated limits on irrigation from rivers.
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