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Barchart
Barchart
Rich Asplund

Brazil Rain Forecasts Undercut Coffee Prices

Ice Brazil Climatempo United States Vietnam Conab FAs

December arabica coffee (KCZ25) today is down -5.50 (-1.44%), and November ICE robusta coffee (RMX25) is down -43 (-0.96%).

Coffee prices are sliding for a second day today.  The forecast for rain in Brazil's coffee-growing areas is weighing on prices after Climatempo reported today that rainfall is expected to spread from São Paulo to Minas Gerais this week, with some locations expected to receive more than 30 mm of rain.  

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