Coffee Falls in New York on Rising Stockpiles, Favorable Weather in Brazil

(Bloomberg) -- Coffee in New York fell as U.S.
inventories increased and favorable weather spread over growing
regions in Brazil, the world's largest producer.

Stockpiles in warehouses monitored by the New York Board of
Trade rose to 4.17 million bags as of June 28, a gain of almost
8,800 bags from the previous day. There were 4.06 million bags
stored at the exchange's delivery points in New York, New
Orleans, Antwerp, Hamburg and Miami at the end of May.


Read more at Bloomberg Commodities News