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brazil drought

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Arabica coffee futures bull run continues

Coffee prices on the commodities market jumped 10% on Tuesday, to 1.5665 per pound in New York. On Thursday, the price per pound reached the highest point in about 16 months at $1.7750. Analysts reacted to the announcement of precipitation

Soybeans price update

Soybeans for March delivery closed up 25c/1.9% at $13.6250/bu in Chicago YD as the worst drought in decades threatened production in Brazil. Via Propurchaser.com