
March arabica coffee (KCH26) today is down -14.50 (-3.95%), and March ICE robusta coffee (RMH26) is down -142 (-3.32%).
Coffee prices gave up an early advance today and fell sharply after the Brazilian real (^USDBRL) retreated from a 20-month high and turned lower, sparking long liquidation in coffee futures. The weaker real encourages export sales by Brazil's coffee producers. Arabica coffee initially climbed to a 2.5-week high today, and robusta rose to a 1.75-month high before turning sharply lower.