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Rich Asplund

Coffee Prices Rebound on Strength in the Brazilian Real

Ice Brazil United States the USDA FAS USDA Vietnam Safras Mercado Volcafe

July arabica coffee (KCN25) today is up +3.20 (+0.89%), and July ICE robusta coffee (RMN25) is up +70 (+1.58%).

Coffee prices today shook off early losses and moved higher on strength in the Brazilian real. The real (^USDBRL) climbed to an 8-month high against the dollar today, discouraging export selling from Brazil’s coffee producers.

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