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Rich Asplund

Brazilian Real Strength Lifts Coffee Prices

Ice Brazil Vietnam FAs

March arabica coffee (KCH26) today is +11.60 (+3.26%), and March ICE robusta coffee (RMH26) is up +104 (+2.48%).

Coffee prices are sharply higher today, with arabica coffee posting a 2-week high. Strength in the Brazilian real is lifting coffee prices today. The real (^USDBRL) rallied to a 20-month high today, discouraging export sales from Brazil's coffee producers.

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