Cold Coffee

Lead-month May Coffee fell to 4 ½-month lows this morning, as producer selling tied to active Central American exports continues to put pressure on prices. The market is ignoring a small Brazilian 2007-08 crop, preferring to focus instead on ample supplies coming from Vietnam and now Central America. Commodity funds have been lightening up on their net-long positions of late, shedding over 4,000 contracts last week. Read More.....