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World Coffee Prices Fall as FAO Reports Higher 1958 59 Output
The FAO notes a 9 percent rise in world coffee production to about 3.3 million metric tons for 1958 59, driven by Brazil and Africa, while retail prices in the United States hit their lowest level since. Uncertain demand and stockpiles persist as Latin America withholds 10 12 million bags under the withholding scheme.
MENTIONED IN THIS ARTICLE
Rome
Food and Agriculture Organization
FAO
United States