
December arabica coffee (KCZ24) today is down -0.15 (-0.06%), and November ICE robusta coffee (RMX24) is down -53 (-1.08%).
Coffee prices today are moderately lower on forecasts for rain in Brazil. Meteorologist Climatempo said Brazil's top coffee-producing areas should receive large amounts of rain starting this weekend, easing drought concerns and benefiting Brazil's coffee crop. Also, weakness in the Brazilian real (^USDBRL) weighs on coffee prices as the real fell to a 2-1/4 month low against the dollar today, encouraging export selling from Brazil's coffee producers.