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Barchart
Rich Asplund

Dollar Strength Weighs on Coffee Prices

Ice NOV Vietnam Brazil El Nino ICO the US Climate Prediction Center USDA FAS

Dec arabica coffee (KCZ23) this morning is down -4.20 (-2.73%), and Nov ICE robusta coffee (RMX23) is down -52 (-2.12%).

Coffee prices today are moderately lower, with robusta falling to a 1-1/2 week low.  Today's rally in the dollar index to a 5-3/4 month high is weighing on most commodities, including coffee.

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