N.Y. Coffee Higher

Coffee Futures are trading a little higher early Wednesday morning. May N.Y. Coffee is trading at 134.40, up 1.50. July Coffee is trading at 137.50, up 1.40. Market talk that global coffee exports during February were 8.6 million bags versus 9.58 million last year is making the rounds. Chatter that some crop estimates coming out of Brazil are now at 45.0 million bags versus 47.5 million last year has led to some buying. Chatter about pre-holiday trading on Wednesday and Thursday has led to range-bound trading.