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Barchart
Barchart
Rich Asplund

Brazil Rain Forecasts Knock Coffee Prices Sharply Lower

Ice Brazil Vietnam FAs

March arabica coffee (KCH26) today is down -12.60 (-3.65%), and March ICE robusta coffee (RMH26) is down -74 (-1.77%).

Coffee prices are sinking today, with arabica posting a 5.5-month nearest-futures low and robusta sliding to a 3.5-week low.  Coffee prices are under pressure amid forecasts of steady rains in Minas Gerais, Brazil's main coffee-growing region, over the next week.  

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