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ADZ - The Prospects For Coffee Futures After The September-December Roll
DB Agriculture Short ETN due April 1 2038
The coffee futures market has been under pressure for over two months. With the price of the Arabica beans under $1 per pound, coffee drinkers around the world continue to enjoy their beverage at a discounted price. The price of coffee has suffered under the weight of ample supplies from Brazil and other countries, and the weak Brazilian currency against the US dollar. While the dollar is the pricing mechanism for the coffee market, Brazil is the world's leading producer of the Arabica beans. The low level of the local currency means that domestic production