By Specialty Retailer Magazine

Issue Date: , Posted On: 11/5/2012 Big stocks drive down Arabica prices

Arabica prices are low and probably about to go lower, thanks to bumper crops in Latin America and elsewhere. Futures prices touched $1.5345 a pound, the lowest since June, on Nov. 1 before rebounding slightly. One commodities specialist told the Wall Street Journal that prices might drop as low as $1.40. Read the rest here  http://www.specialty-coffee.com/ME2/Audiences/dirmod.asp?sid=&nm=&type=MultiPublishing&mod=PublishingTitles&mid=8F3A7027421841978F18BE895F87F791&AudID=464620AE3F20454894C8CB7CEF72A481&tier=4&id=4FD2A60A8BCF4EC9928A30EC45719277