date:Sep 15, 2015
ong soft commodities, hedge funds further extended their net short in New York-traded arabica coffee, amid a fresh decline in prices, enhanced by weakness in the Brazilian real.
A weak real cuts the value of assets, such as coffee, in which Brazil is a major force.
However, prices of sugar, another soft commodity in which Brazil punches strongly, have managed to beat the weak real of late, helped by concerns over wet weather slowing the South American countrys harvest, while a weak monsoon has