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Barchart
Rich Asplund

Arabica Coffee Slightly Higher on Dry Conditions in Brazil

Brazil Ice Vietnam Somar Meteorologia Minas Gerais ICO the International Coffee Organization the USDA FAS Volcafe

July arabica coffee (KCN24) today is up +0.30 (+0.14%), and July ICE robusta coffee (RMN24) is down -28 (-0.66%).

Coffee prices today are mixed.  Arabica coffee is supported by the lack of rain in Brazil.  Somar Meteorologia reported Monday that Brazil's Minas Gerais region received no rain in the past week.  Minas Gerais accounts for about 30% of Brazil's arabica crop.

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