ForexPros February 22, 2012 Forexpros - Coffee futures resumed their downward trend on Wednesday, moving closer to last week’s 15-month low as speculation of a record Brazil crop continued to dampen sentiment on the commodity. On the ICE Futures Exchange, Arabica coffee for May delivery traded at USD2.0403 a pound during European afternoon trade, shedding 0.79%. It earlier fell by as much as 1.1% to trade at a session low USD2.0353 a pound. Last week, coffee prices dropped below the USD2.00-a-pound level for the first time since November 2010 as traders eyed a huge harvest in top grower Brazil and speculators pushed prices lower. German coffee trader Neumann Kaffee Gruppe on Tuesday forecast Brazil's upcoming 2012-13 Arabica coffee crop to reach 55.0 million bags. That would exceed a record 48.5 million bags in 2002. A bag of coffee weighs 60 kilos (132 pounds). Most coffee harvesting in Brazil starts in May. Brazil is the world's largest produc...