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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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