Hedge funds bet that will get cheaper morning coffee, even as prices recover after the sixth consecutive month of losses.
Arabica coffee futures fell in 2015, as sufficient rainfall, boost crop in Brazil, the biggest producer and exporter in the world.
Arabica prices fell by 28% this year to $ 1.1915 a pound on ICE Futures US in New York.
The average retail price in the US down 4.3 percent to $ 4.412 a pound in November, the lowest since February 2011, government data show.
Brazilian producers will do everything possible to sell future crops, such as national currency is also in the negative trend. Large supplies of coffee will likely put pressure on the price. Expected 2016 to be the sword of coffee.
There are still threats to crops which could help defeat futures Lara said Magnussen, portfolio manager of byaaziraniyat California Altegris Investments Inc., which manages $ 2.59 billion.
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