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Barchart
Barchart
Rich Asplund

Coffee Prices Decline on Brazilian Real Weakness and Brazil Harvest Pressures

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Sep arabica coffee (KCU23) this morning is down -3.00 (-1.82%), and Sep ICE robusta coffee (RMU23) is down -35 (-1.32%).

Coffee prices this morning are moderately lower.  Weakness in the Brazilian real (^USDBRL) may prompt export selling from Brazil's coffee producers and is weighing on prices today after the real fell to a 3-week low against the dollar before recovering slightly.  

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