N.Y. Coffee little changed

July Coffee is trading at 129.15, down 0.65. September Coffee is trading at 131.40, down 0.65. Trading is choppy and rangebound Tuesday morning after Monday's gains. Brazilian coffee exports in May were 2.63 million bags versus just over 2.69 million a year ago. April's exports were just over 2.81 million. Estimates for Brazil's Coffee crop are wide, the most recent estimates from exporters is just over 47 to 49 million bags. Chatter about dry weather in Vietnam and Indonesia has led to some buying on dips.