Tue, 18 Dec 2012 10:14:11 GMT
Coffee gains on ‘absurd' Brazil production estimates
Farm commodities were mixed on Monday, with softs moving higher and grains slumping. Weaker US Dollar coupled with positive news from Japan pushed rural commodities higher. At the same time, persistent concerns over looming US fiscal cliff and weak demand for US supplies pressurized the commodity group.Wheat tanked for sixth time in seven sessions on worries that low prices have