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Rich Asplund

Arabica Coffee Prices Remain Weak on Favorable Brazilian Weather

Ice Brazil Vietnam Cooxupe NY the International Coffee Organization the US Climate Prediction Center the USDA FAS USDA

July arabica coffee (KCN23) today are down -0.40 (-0.23%), and July ICE robusta coffee (RMN23) is up +14 (+0.51%).

Coffee prices have stabilized today after the plunge seen on Tuesday and Wednesday. NY arabica coffee on Wednesday fell to a 2-3/4 month low and is mildly lower today.

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