Wednesday, 4 May 2011
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Coffee output may rise substantially. And soon
Could soaring coffee prices bankroll a plantation revolution? Prices which have hit a 34-year high in New York's Ice futures market, and set a record $2,424 a tonne in second-ranked producer Vietnam on Wednesday, are expected to stimulate farmers to raise output dramatically. However, the increase may not play out as many investors expect, through growers in the major producing countries
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