NEW YORK (AP) Coffee futures are in their longest slump since 1972 as Brazil appears headed for a record crop next year.
Production of coffee beans has also been huge in Colombia and Vietnam, adding to a global glut that has pushed the price for raw beans down 26 percent this year.
The price of raw coffee beans fell 0.6 cent to $1.0695 a pound Tuesday. That's the 11th straight decline, the longest losing streak in 41 years, according to Sterling Smith, a commodities specialist with Citigroup.
December corn fell 1.25 cents to $4.32 a bushel, January soybeans rose 2.75 cents to $12.7075 a bushel and December wheat rose a quarter of a cent to $6.8125 a bushel.
Oil fell 48 cents to $98.20 a barrel.
Gold fell $6.70 to $1,345.50 an ounce.