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Rich Asplund

Coffee Closes Higher on Dollar Weakness

Ice Vietnam Brazil USDA

May arabica coffee (KCK24) on Friday closed up +1.55 (+0.65%), and May ICE robusta coffee (RMK24) closed up +2 (+0.05%).

Coffee prices posted moderate gains on Friday but remained well below Thursday's significant highs. Dollar weakness Friday prompted short covering in coffee futures.

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