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Barchart
Rich Asplund

Coffee Prices Settle Higher as Dry Conditions Persist in Brazil

Ice Brazil Vietnam the USDA FAS ICO Volcafe

December arabica coffee (KCZ24) Wednesday closed up +0.90 (+0.37%), and November ICE robusta coffee (RMX24) closed up +202 (+4.29%).

Coffee prices Wednesday recovered from early losses and moved higher, with robusta closing sharply higher.   Coffee prices climbed Wednesday after updated weather forecasts reduced the chance of rain in Brazil in the near term.  

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