date:Jul 31, 2013
lies rather than perform its normal role as a net exporter. If that happens, Mr. Campuzano said, beans could hit an all-time high in the next few months. That would mean prices would exceed the previous record of $70 for a 100-lb bag that was reached in 2011.
He said talk has been circulating that Brazil has been making price inquiries in the United States and will be closely watching the crop as harvest approaches this fall. He said that if Brazil moves to buy sizeable amounts of U.S. edible b