NY Coffee Trading Steady

Coffee prices have come under pressure by uncertainty over the Brazilian crop size and good weather. Other producers such as Peru as are looking to expand coffee production for 2015. Peru is expecting a 40 percent increase in coffee production as trees recover from Roya fungus, which has hampered production over the last few years. March NY Coffee is trading steady at $165.40, up 0.025. Traders should expect a choppy pre-holiday trading session.