date:Feb 16, 2019
ential election in October, and continue to track the currency's performance. A stronger real can discourage producer selling of dollar-denominated commodities like coffee.
Analysts are also keeping a close eye on Brazilian policy, especially the potential for new minimum purchase prices or safety nets for the country's coffee farmers. Such mechanisms could help support the market and also remove exportable supplies from the world market, said Shawn Hackett, president of Hackett Financial Advis