date:Apr 14, 2014
led in two months, touching two-year high on Thursday.
The South American nation grows roughly 40% of the world's arabica, providing most major commercial blends used in household names, including Folgers.
Last week, Brazil's national coffee council estimated production to be between 40.1 million and 43.3 million bags, which would be the country's smallest crop in five years.
In January, the government had forecasted 46.5 to 50.2 million coffee bags, in comparison with 49.2 million bags a yea