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Coffee Harvest predictions cut


by Brian Turner
July 12, 2005
Coffee Harvest predictions cut

The 2005-2006 coffee harvest is expected to shrink by 5 percent to 105 million 60 kg bags on lower output by key producers Brazil and Indonesia.

In making this estimate, the International Coffee Organization is cutting its previous estimate of seasonal output from 160 million bags.

The ICO also reported that Vietnamese coffee production has been hurt by drought and high oil prices.



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