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Barchart
Barchart
Rich Asplund

Coffee Prices Retreat on Rain Forecasts for Brazil

Ice Brazil Climatempo the USDA FAS Vietnam Minas Gerais Cecafe the International Coffee Organization

December arabica coffee (KCZ24) today is down -3.40 (-1.36%), and January ICE robusta coffee (RMF25) is down -55 (-1.24%).

Coffee prices today are moderately lower on forecasts for rain in Brazil.  Meteorologist Climatempo said today that heavy rains are expected in Brazil's Minas Gerais region beginning on Saturday.  Minas Gerais is Brazil's largest arabica coffee-producing area,

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