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Brazil coffee production slump continues

Aug. 26, 2014 3:57 PM ETKeurig Green Mountain Inc (GMCR) StockSBUX, SJM, JVA, GMCR, JO, DNKN, KHCBy: Clark Schultz, SA News Editor1 Comment
  • Brazil coffee production could end up down 18% Y/Y when the harvest ends next month. A severe drought in the nation has destroyed a large swath of crops.
  • The shortfall in the nation is included in a forecast from Citigroup that calls for a global coffee deficit which could last until 2016 and pressure prices.
  • Related stocks: GMCR, SBUX, JVA, SJM, KRFT, DNKN
  • Related ETFs: JO

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