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Home » Bloomberg Commodity Index

Hedge Funds Rein In Coffee Bull Bets as Brazil Drought Eases

October 29, 2014 by jeff

  It has been dubbed as the biggest bullish coffee bet since 208. Rain brought much needed relief to the world’s largest producer and exporter of Coffee-Brazil. For the first time in four weeks fund managers slashed their net long position in Arabica Coffee. New York futures tumbled 9.1% last week, the greatest since May. […]

Filed Under: Business & Financial News Tagged With: Arabica Coffee, Bloomberg Commodity Index, Brazil Drought, Coffee Bull, Hedge Funds, Sao Paulo

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