Coffee Declines in New York as Threat of Crop-Damaging Brazil Frost Fades

(Bloomberg) -- Coffee futures fell in New York as
the threat of a crop-damaging frost faded in Brazil, the world's
biggest grower.

Favorable conditions are expected in the growing states of
Sao Paulo and Minas Gerais, weather forecaster Meteorologix LLC
of Woburn, Massachusetts said today. Coffee futures reached the
highest in a month last week on speculation that frost would
damage trees.


Read more at Bloomberg Commodities News