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Arabica futures tumbled 16% since the end of March as lockdowns and a global economic slowdown hurt consumption at a time when Brazil is harvesting a record crop. Money managers are also turning increasingly bearish and are now holding their biggest net-short position in more than seven months.
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With a staff of dedicated professionals, CoffeeTalk is widely considered the most important and complete independent media provider of information about all aspects of the coffee world – from crop to cup.
