Coffee Jumps to Highest Since 1997 as Demand Boosts Starbucks

Coffee extended a rally to the highest since 1997 on signs that global demand will outstrip production as investors snapped up shares of U.S. retailers including Starbucks Corp. in a bet that sales will increase. Green Mountain Coffee Roasters Inc., the largest U.S. seller of single-serve brewers, trades in New York at 295 times cash flow, more than any company in the Standard & Poor's 500 Index

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