Coffee Futures Higher, Brazil Exports Decline

December New York Coffee is trading at 152.30, up 1.50 cents/lb. March New York Coffee is trading at 155.75, up 1.55 cents/lb. New York Coffee futures are trading a little under the session highs. Chatter about global currency values and Brazil's exports is making the rounds. Brazil's coffee export group CeCafe reported that Brazil's coffee exports declined 24 percent during September to 2.2 million bags versus 2.9 million bags a year ago. The group said strikes at Brazil's ports were to blame.
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