
Dec arabica coffee (KCZ23) this morning is up +4.75 (+3.08%), and Nov ICE robusta coffee (RMX23) is up +53 (+2.08%).
Coffee prices this morning are sharply higher and posted 5-week highs. Strength in the Brazilian real (^USDBRL) is bullish for coffee prices as the real rallied to a 2-week high today against the dollar. A stronger real discourages export selling from Brazil's coffee producers.