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Barchart
Rich Asplund

Coffee Prices Remain Weak on Brazil Coffee Harvest Pressures

Ice Brazil arabica Deficit Vietnam Colombia El Nino Rabobank USDA FAS

Sep arabica coffee (KCU23) this morning is down -0.30 (-0.19%), and Sep ICE robusta coffee (RMU23) is down -32 (-1.25%).

Coffee prices this morning are moderately lower on Brazil's coffee harvest pressures.  Losses in arabica are limited due to strength in the Brazilian real (^USDBRL) as the real today climbed to a 1-week high against the dollar.  A stronger real discourages export selling from Brazil's coffee producers.  

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