Sugar and coffee prices slide as Brazil's real tumbles around 9%
Sugar and coffee prices fell Monday as Brazil's real tumbled around 9% after President Luiz Inacio Lula da Silva's surprise election win.
By May Angel and Marcelo TeixeiraSugar and coffee prices slid on Monday as the real currency FX_IDC:USDBRL in top grower Brazil tumbled around 9% on President Luiz Inacio Lula da Silva's surprise election win.A weak real (BRBY) tends to encourage mills, farmers and commodities exporters in Brazil t…