Thursday, August 16, 2012
Coffee futures have continued to slump, losing half of their value since early May of 2011. Weather conditions in Brazil will, along with the physical market, continue to be a major influence on prices in the near-term. If current conditions persist, growers should be able to shrug-off the slow start to the harvest and come out unscathed. In that scenario, the overabundance of supplies will continue to be a major concern. Technically speaking, traders may want to pay … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards