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Barchart
Barchart
Rich Asplund

Arabica Coffee Advances as Brazil Rains Threaten to Delay the Coffee Harvest

September arabica coffee (KCU26) today is up +2.15 (+0.66%), and September ICE robusta coffee (RMU26) is down -45 (-1.16%).

Coffee prices are mixed today. Arabica coffee is climbing today amid forecasts for rains later this week in Brazil’s coffee-growing regions, which could further delay the harvest and deteriorate bean quality. Rising inventories are weighing on robusta coffee prices today after ICE robusta inventories climbed to a 3.75-month high on Monday.

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