Coffee Rises to 20-Month High as Brazilian Exports Seen Falling

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  • Brazil’s top shipper cuts export target as supplies tighten
  • Vietnamese crop woes add to pressure on global production

Arabica coffee, the mild-tasting bean type favored by Starbucks Corp., surged to the highest since February 2015 after Brazil’s largest producer cut its export estimate for 2016 amid rising domestic consumption and the effects of drought.

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