Coffee Holding Company (JVA): Price of coffee sagged back below $2, te...

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value1008

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Wednesday, 04/16/2014 12:35:51 PM

Wednesday, April 16, 2014 12:35:51 PM

Price of coffee sagged back below $2, testing support in mid-1.80s level. That's why we're getting weakness with JVA.

But with drought conditions in Brazil, coffee prices should be well over $2 in weeks/months to come and JVA will go back up.

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