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Barchart
Barchart
Rich Asplund

Coffee Prices Climb on Unexpected Rain Forecasts for Brazil

Ice Brazil USDA Minas Gerais Vietnam

September arabica coffee (KCU26) today is up +2.90 (+0.91%), and September ICE robusta coffee (RMU26) is up +62 (+1.64%).

Coffee prices are moving higher today as short covering emerged after an unexpected chance of rain was forecast for Minas Gerais, Brazil’s largest coffee-growing region, which could further delay the country’s coffee harvest.

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