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Rich Asplund

Arabica Coffee Settles Higher on Slack Brazil Rains

Brazil Ice Somar Meteorologia United States Conab Rabobank the USDA FAS USDA Vietnam Volcafe

July arabica coffee (KCN25) Tuesday closed up +1.60 (+0.41%), and July ICE robusta coffee (RMN25) closed down -35 (-0.66%).

Coffee prices on Tuesday settled mixed. Arabica coffee moved higher Tuesday on carryover support today from Monday on signs of lackluster rainfall in Brazil. Somar Meteorologia reported Monday that Brazil's biggest arabica coffee growing area of Minas Gerais, received 1.5 mm of rain in the week ended April 26, or 21% of the historical average.

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