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Tuesday, November 28, 2006

Bull Market Percolating?

Bull market percolating? March Coffee continues to hold above the key $1.20 level, as fund buying tied to ideas of a below average 2007-08 Brazilian Coffee crop are keeping prices well supported. There are reports out of Brazil that new-crop Coffee production may be 20% lower than this season's totals, due to the cyclical nature of the crop and concerns that dry weather has hampered proper development. Read More.....