July arabica coffee (KCN26) is up +2.30 (+0.91%), and July ICE robusta coffee (RMN26) is up +135 (+3.90%).
Coffee prices today extended Thursday’s rally amid concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall is forecast across Brazil’s coffee-growing regions this week, and the showers could extend into next week.