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Barchart
Barchart
Rich Asplund

Coffee Prices Fall on Rain Forecasts for Brazil

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March arabica coffee (KCH26) today is down -10.45 (-2.70%), and January ICE robusta coffee (RMF26) is down -47 (-1.03%).

Coffee prices are retreating today on the prospects for rains in Brazil, which are supportive for coffee crop development and bearish for prices.  Climatempo today forecasts heavy showers toward the end of the week and into next week for Brazil's coffee-growing regions.

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