DailyMarkets.com - Coffee Prices Grind Lower

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Coffee Prices Grind Lower Posted: 23 Nov 2012 07:17 AM PST Friday, November 23, 2012 Coffee futures appear to be firmly in the bear camp, as some private forecasters are expecting next year’s production to be larger than initially expected. Much of this optimism is due to beneficial weather conditions in Brazil, which may portend to a much larger “off year” harvest of Arabica Coffee. Fundamentals Coffee Futures prices keep moving lower, as traders have started to concentrate on next year’s crop, which by early appearances looks to be off to a good … [visit DailyMarkets.com to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

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