Coffee jumps on weather report - farmers weekly
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20 May 1999 COFFEE JUMPS ON WEATHER REPORT RUMOURS of frost in Brazils coffee-growing regions sparked a buying spree on the commodity by investment funds. Robusta coffee futures on the
London International Financial Futures and Options Exchange closed $127 higher at $1555 per tonne. The last severe frost in Brazil in 1994 had a dramatic effect on the coffee market. The
London market jumped by almost 80% over a fortnight, reaching a peak price of $4085 a tonne. _ * Financial Times 20/05/99 page 46 _