The price of Ben "arbika" country for the third day with the decline in the risk of Brazil

Ben -Arabica contracts decreased for the third day in a row and on their way to its slightest closure since June 4, amid optimism that moderate temperatures will contribute to the acceleration of crop operations in Brazil, the largest producer in the world during the winter. The “Arabica” contract lost 1.5% of its value in New York, while the contracts of “Robosta”, the cheapest type used in instant coffee, increased in London. In the coldest areas between Sao Paulo and the South Minas Gerais state, the minimum temperature is expected to reach a little less than 10 degrees Celsius (50 Fahrenheit) during the second half of the week, without indications currently on a serious cold, according to a report issued by the club Pereira Club, a meteorological expert in “Somar Meteorology”. The expected fluctuations in coffee prices said that some sporadic rain showers could affect the areas between Espereto Santo and south of Bahia. “Winter in Brazil tends to broadcast more fluctuations in the market, so we can see more movements and decline in the coming months,” says Lesca Moda, a hedged world market. And she continued: “Although current expectations do not indicate the driving risks, most models are more accurate in the short term, which keeps the market uncertainty, which means coffee prices can rise in later periods of record levels.”