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Barchart
Barchart
Rich Asplund

Arabica Coffee Prices Retreat on Brazil Rains and Tariff Talks

December arabica coffee (KCZ25) on Wednesday closed down -4.75 (-1.19%), and November ICE robusta coffee (RMX25) closed up +55 (+1.23%).

Coffee prices gave up an early advance today and turned mixed, with arabica retreating from a 4-week high.  Updated weather forecasts are calling for rain later this week in Brazil's coffee-growing regions, sparking a surge in liquidation of coffee futures.

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