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Barchart
Barchart
Rich Asplund

Arabica Coffee Moves Higher on Smaller Brazil Arabica Exports

Arabica Brazil Ice Robusta Cecafe Deficit Vietnam Colombia El Nino Rabobank

Sep arabica coffee (KCU23) this morning is up +0.80 (+0.51%), and Sep ICE robusta coffee (RMU23) is down -9 (-0.36%).

Coffee prices this morning are mixed.  Arabica found support after Cecafe reported that Brazil's Jun arabica coffee exports fell -23% y/y to 2.1 mln bags.  Robusta was under pressure after Cecafe reported Brazil's Jun robusta exports rose +60% y/y to 230,653 bags.  Total Brazil Jun green coffee exports fell -19% y/y to 2.3 mln bags.

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