Review Of NYBOT Certified Coffee Stocks In New Orleans

In a release dated October 25, 2005, the New York Board of Trade® (NYBOT®) provided an update on the ongoing review of certified coffee stocks in New Orleans. The release indicated that, with respect to certified coffee in the six stores that retain their license, a three-stage process had been initiated as part of the review, which included air quality testing of the stores as the first stage.

Air quality testing in the six stores has now been completed. Based on the report received, there is no reason not to proceed with the second stage of the process, which is to draw samples from certified stocks in each of the six stores.

Separately, inspectors have been asked to visit licensed stores in the Miami delivery point to determine the extent of any damage that may have occurred there as a result of Hurricane Wilma. Further information on this issue will be released when available.

The New York Board of Trade (NYBOT) is New York’s original futures exchange, where the world trades food, fiber and financial products. For well over a century, the New York Board of Trade has provided reliability, integrity and security in a global marketplace for cocoa, coffee, cotton, ethanol, orange juice, pulp, and sugar, as well as currency and index futures and options. Information about the New York Board of Trade can be found at www.nybot.com and www.nybotlive.com.