date:Apr 24, 2014
ed report yesterday. Coffee futures jumped as much as 8.3%, driving volatility to the highest since 2000.
People are realizing every day that theres damage, and that the losses will be hard to quantify, Hernando de la Roche, a senior vice president at INTL FCStone in Miami, said in a telephone interview. Traders are jittery because of the uncertainty about the Brazilian harvest and what it would mean to world supplies.
The global harvest, which includes the robusta variety, will fall short of