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Barchart
Rich Asplund

Coffee Prices Retreat on Rain Forecasts for Brazil

Ice Brazil Climatempo Vietnam Conab the USDA FAS USDA Vietnam General Statistics Office Volcafe

May arabica coffee (KCK25) Wednesday closed down -6.55 (-1.64%), and May ICE robusta coffee (RMK25) closed down 154 (-2.75%).

Coffee prices Wednesday erased an early rally and retreated after meteorologist Climatempo forecast widespread showers for Brazil's coffee-growing regions later this week.  

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