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Barchart
Rich Asplund

Coffee Prices Jump on Frost Concerns in Brazil

Ice Brazil Vietnam the USDA FAS ICO Volcafe

September arabica coffee (KCU24) today is up +9.70 (+4.30%), and Sep ICE robusta coffee (RMU24) is up +216 (+5.17%).

Coffee prices today are sharply higher and posted 2-week highs. Coffee prices rallied on frost risks in Brazil after Rural Clima forecasted that temperatures in Brazil could drop to near freezing next week, which could damage the country's coffee crops.

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