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Barchart
Barchart
Rich Asplund

Coffee Prices Gain on Brazil Coffee Crop Concerns

Ice Brazil Somar Meteorologia United States Vietnam FAs

March arabica coffee (KCH26) today is up +0.30 (+0.09%).  March ICE robusta coffee (RMH26) is up +82 (+2.11%).

Coffee prices added to Monday's gains today and posted 2-week highs.  Coffee has carryover support from Monday on Brazil coffee crop concerns when Somar Meteorologia reported that Brazil's largest arabica coffee-growing area, Minas Gerais, received 11.1 mm of rain during the week ended December 26, or 17% of the historical average.  

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