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View Full Version : Brazil May Buy Up to 3 Million Bags of Coffee at Higher Prices - Bloomberg



NewsWhore
03-13-2009, 12:21 PM
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Brazil May Buy Up to 3 Million Bags of Coffee at Higher Prices (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da1i6dc9amNJk%26refer%3Dlatin_america&cid=0&ei=9oi6SbmcF4rGMtCy4PUJ&usg=AFQjCNFtdkBOBjyWbhk-HjU4qhfgmUYimA)
Bloomberg
The Brazilian real’s 30 percent slump against the dollar in the past seven months hasn’t boosted the local-currency value of exports sufficiently to restore profits, according to Bertone. Brazil hasn’t bought coffee to build up government stockpiles ...


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