By Marianne Stigset
Sept. 4 (Bloomberg) -- Robusta coffee climbed to a three-
week high in London on speculation hurricane damage to crops in
Honduras, Central America's second-biggest exporter of coffee
beans, and Nicaragua may widen next year's forecast deficit.
Hurricane Felix hit Nicaragua this morning as a Category 5
storm with winds close to 160 miles an hour, according to the
U.S. National Hurricane Center. It's now a Category 3. The
International Coffee Organization was already forecasting a
supply deficit of 8 million bags next season.
``It's too early to say what the impact will be on the
harvest, but as we are expecting a deficit on the coffee market,
this may push up prices,'' Helmut Ahlfeld, managing director of
F.O. Licht in Ratzeburg, Germany, said by phone.
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