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Barchart
Rich Asplund

Coffee Prices Rebound on Reduced Rain Chances in Brazil

Ice Brazil Arabica FAs Vietnam

March arabica coffee (KCH26) today is up +1.40 (+0.39%).  March ICE robusta coffee (RMH26) is up +52 (+1.31%).

Coffee prices recovered from early losses today and turned higher after updated weather forecasts reduced the likelihood of rain in Brazil's coffee-growing areas over the next week.  Coffee prices initially move lower today, with arabica posting a 1.5-week low after the dollar index (DXY00) rallied to a 6-week high.

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