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Barchart
Barchart
Rich Asplund

Coffee Prices Fall on Favorable Growing Weather in Brazil

Ice Brazil Arabica Climatempo FAs Oil

May arabica coffee (KCK26) today is down -4.70 (-1.52%), and May ICE robusta coffee (RMK26) is down -7 (-0.19%).

Coffee prices are under pressure today due to favorable growing conditions in Brazil.  Climatempo said today that Brazil's soil moisture remains beneficial, while the current dry conditions are aiding cherry ripening.  Also, rain is expected to return to Brazil's key coffee-growing regions this week.

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