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Barchart
Rich Asplund

Adverse Global Weather Boosts Coffee Prices

Ice Arabica Brazil Vietnam USDA Central Highlands

September arabica coffee (KCU26) today is up +0.30 (+0.08%), and September ICE robusta coffee (RMU26) is up +48 (+1.25%).

Coffee prices are moving higher today, with robusta climbing to a 1-week high. Robusta coffee is climbing today after rain chances were reduced for Vietnam’s Central Highlands, the country’s main coffee-producing region. Vietnam’s Central Highlands monsoon season runs from May to October. Arabica fell from its best level today after Brazil’s weather forecasts turned drier, which should allow for the pace of the country’s coffee harvest to accelerate.

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