Brazil Coffee Growers Hoarding Crop to Wait for Price Increase

Coffee growers in Brazil, the world’s largest producer and exporter, are hoarding their crops as they wait for prices to rise, the country’s National Coffee Council said in an e-mailed report.

Delays in the harvest are also reducing sales, CNC, as the council is known, said.

To contact the reporter on this story: Mario Sergio Lima in Brasilia Newsroom at mlima11@bloomberg.net

To contact the editor responsible for this story: Carlos Caminada at ccaminada1@bloomberg.net

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