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Rich Asplund

Coffee Posts Moderate Gains on Dollar Weakness

Ice Vietnam Brazil USDA

May arabica coffee (KCK24) this morning is up +1.00 (+0.42%), and May ICE robusta coffee (RMK24) is up +17 (+0.42%).

Coffee prices this morning are moderately higher but well below Thursday's significant highs. Dollar weakness today has prompted short covering in coffee futures.

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