date:Oct 10, 2012
ntract, some Brazilian beans can be used to fulfill futures contracts, a sign of widespread acceptance.
Mr. Teixeira can afford to wait because a government-managed coffee fund offers loans to farmers so they don't have to sell coffee right away to pay their bills.
To be sure, Colombia and Central America's harvests could put less pressure on prices than some traders anticipate.
We are now getting ready to price in a substantial [global coffee] deficit because Brazil's harvest next year is li