(Bloomberg) -- Coffee was little changed in New York
as forecasts for dry weather eased concerns that frost would
damage the crop in Brazil, the world's largest producer.
Temperatures in Brazil's coffee-growing areas are expected
to be near to above normal, with lows in the middle 50 degrees
Fahrenheit (13 degrees Celsius), according to Meteorlogix LLC in
Woburn, Massachusetts. A ridge of high pressure over northern
Argentina is expected to move across southern Brazil this week,
posing no threat to the coffee belt, the forecaster said.
Read more at Bloomberg Commodities News
as forecasts for dry weather eased concerns that frost would
damage the crop in Brazil, the world's largest producer.
Temperatures in Brazil's coffee-growing areas are expected
to be near to above normal, with lows in the middle 50 degrees
Fahrenheit (13 degrees Celsius), according to Meteorlogix LLC in
Woburn, Massachusetts. A ridge of high pressure over northern
Argentina is expected to move across southern Brazil this week,
posing no threat to the coffee belt, the forecaster said.
Read more at Bloomberg Commodities News
No comments:
Post a Comment