
December arabica coffee (KCZ25) today is down -5.50 (-1.45%), and November ICE robusta coffee (RMX25) is down -26 (-0.62%).
Coffee prices are under pressure today due to above-average rainfall in Brazil, which is expected to improve crop conditions and boost coffee yields. Somar Meteorologia reported today that Brazil's largest arabica coffee-growing area, Minas Gerais, received 25.9 mm of rain during the week ended September 27, or 104% of the historical average. The month of September is the critical flowering period for Brazil's coffee trees.