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Rich Asplund

Brazilian Real Strength Lifts Coffee Prices

Ice Brazil Vietnam El Niño FAs

September arabica coffee (KCU26) today is up +2.40 (+0.74%), and September ICE robusta coffee (RMU26) is up +69 (+1.79%).

Coffee prices are moving higher today amid strength in the Brazilian real (^USDBRL). The real climbed to a 4-week high against the dollar today, discouraging export sales from Brazil’s coffee producers.

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