N.Y March Coffee down 1.8 %

The Dollar rally and long liquidation selling due to Forex action persists. March N.Y Coffee is trading at 173.40 down 3.30. El Salvador has cut coffee production to 613,333 bags from 920,000 as leaf rust is spreading. Mexican coffee production is expected to decline by 18% to 3.2-3.4 million bags, the lowest since the late 1960's .