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Rich Asplund

Coffee Prices Supported by Slack Brazil Rains and Smaller Vietnam Coffee Exports

Ice Brazil Vietnam Somar Meteorologia United States Conab USDA Rabobank Volcafe

July arabica coffee (KCN25) today is up +3.90 (+1.00%), and July ICE robusta coffee (RMN25) is up +13 (+0.25%).

Coffee prices today are moderately higher. Coffee prices today have carryover support from Monday on signs of lackluster rainfall in Brazil. Somar Meteorologia reported Monday that Brazil's biggest arabica coffee growing area of Minas Gerais, received 1.5 mm of rain in the week ended April 26, or 21% of the historical average.

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