Coffee Futures Little Changed

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March New York Coffee is trading at 141.55, up 0.15 cents/lb.May New York Coffee is trading at 143.90, up 0.15 cents/lb.New York Coffee futures are trading rangebound. Street estimates for 2017 to 2018 global coffee production are near 155.4 million bags versus 151.7 million bags a year ago. Global coffee demand is estimated to be 157.9 million bags versus 155.1 million this year.

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