Supply Outlook Shifts as Weather Conditions in Brazil Support Healthy Harvest By Tatyana Shumsky The Wall Street Journal February 10, 2015 Coffee prices tumbled to the lowest level in nearly a year on Tuesday as investors recalibrated their expectations for supplies amid signs that weather conditions in Brazil are supporting a healthy harvest. Arabica coffee for March delivery fell 8.20 cents, or 4.9%, to settle at $1.5940 a pound on the ICE Futures U.S. exchange. This was the lowest close since Feb. 18, 2014, and the biggest one-day percentage drop since Nov. 21. The weather in Brazil has been better than some investors had expected. Intermittent rainfall is keeping coffee trees hydrated and on track for a healthy crop, said James Cordier, president of Liberty Trading Group in Tampa, Fla. Brazil is the source of roughly half of the world’s arabica beans, a type of coffee prized for its mild flavor. Some investors had been betting on a repeat of 2014, w...