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Barchart
Barchart
Rich Asplund

Coffee Prices Rally on Brazilian Real Strength and Vietnam Coffee Crop Concerns

Ice Brazil Vietnam Mar ICE USDA ICO the USDA FAS International Coffee Organization

March arabica coffee (KCH24) this morning is up +3.90 (+2.01%) on Tuesday, and Mar ICE robusta coffee (RMH24) is up +12 (+0.42%).

Coffee prices this morning are moderately higher.   Strength in the Brazilian real is bullish for coffee as the real (^USDBRL) today climbed to a 4-3/4 month high against the dollar, discouraging export selling from Brazil's coffee producers.  

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