Coffee Standoff Tests Growers' Grit
date:Oct 10, 2012
Futures, recently made an options bet on coffee prices staying below $1.85.

Once selling by Colombia and Central America begins, Brazil's farmers who have been holding out are likely to follow suit, said Spencer Patton, founder of Steel Vine Investments in Nashville, Tenn. I don't expect that the play is going to pay off for the Brazilian farmers that are holding onto their crops.
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