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Barchart
Barchart
Rich Asplund

Arabica Coffee Closes Slightly Lower as Harvest Conditions Improve in Brazil

Brazil Ice Robusta USDA

July arabica coffee (KCN23) on Wednesday closed down -0.55 (-0.29%), and July ICE robusta coffee (RMN23) closed up +16 (+0.65%).

Coffee prices on Wednesday settled mixed.  Arabica coffee fell back slightly Wednesday on speculation that forecasts for dry conditions in Brazil over the next week should help speed up the pace of the country's coffee harvest.

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