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Rich Asplund

Coffee Prices Rally on Brazilian Heat Wave

Ice Brazil United States FAs Vietnam

March arabica coffee (KCH26) today is up +4.35 (+1.26%). January ICE robusta coffee (RMF26) settled up +42 (+1.06%) on Wednesday, remaining closed today as part of the Christmas holiday.

Coffee prices today are higher after forecasts for a heat wave in key coffee-growing areas in Brazil that could last through Monday.

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