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Barchart
Barchart
Rich Asplund

Coffee Prices Supported by Global Supply Concerns

March arabica coffee (KCH25) today is up +11.80 (+2.85%), and March ICE robusta coffee (RMH25) is up +100 (+1.77%).

Coffee prices today are moderately higher, with robusta posting a 1-1/2 week high and arabica just below Tuesday's all-time nearest-futures high.  Smaller coffee supplies from Brazil are bullish for prices after Cecafe reported that Brazil's Jan green coffee exports fell -1.6% y/y to 3.98 million bags.

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