Coffee Standoff Tests Growers' Grit
date:Oct 10, 2012
a pound, a rally that analysts and traders attributed partly to Brazilian farmers' reluctance to release supplies.

Arabica coffee for delivery in December on ICE Futures U.S. settled Monday at $1.6910 a pound, up 0.6%, or 1 cent on the day.

Gourmet-coffee roasters once viewed Brazilian beans as an afterthought, a low-cost staple used to round out the flavor of more powerful varieties. But Brazil's coffee has gained popularity in recent years as quality improved. Starting with the March 2013 co
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