Costa Rica 09-10 Coffee Crop Up 5% To 1.67M Bags

Costa Rica's coffee production in the next 2009-10 crop cycle, for which harvesting won't start until October, is forecast to rise 5% to 1,671,270 60-kilogram bags, the official Costa Rican Coffee Council, or Icafe, said Friday.

This compares to total production of 1,591,477 bags in Costa Rica's current 2008-09 cycle.

The crop cycle starts Oct. 1 and runs through Sep. 30 the following year but harvesting of the crop ended in April.

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Green Mountain Coffee Roasters Set New High For Year Monday

(RTTNews) - Green Mountain Coffee Roasters (GMCR | Quote | Chart | News | PowerRating) rose sharply in early trade Monday and advanced further in the final 90 minutes of the afternoon. The stock finished up by $6.86 at $67.01 on above average volume.

Green Mountain Coffee Roasters broke out of over a one-month trading range and set a new high for the year.

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