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Rich Asplund

Coffee Prices Mixed on Divergent Global Weather

Ice Brazil Minas Gerais Vietnam FAs

March arabica coffee (KCH26) today closed down -5.20 (-1.48%), and March ICE robusta coffee (RMH26) is up +39 (+0.94%).

Coffee prices are mixed today on divergent global weather.  Arabica coffee prices are under pressure amid forecasts of steady rains in Minas Gerais, Brazil's main coffee-growing region, over the next week.  However, robusta coffee is moving higher on forecasts of limited showers in Vietnam's Central Highlands, the country's main coffee-growing region, over the next 10 days.

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