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Barchart
Barchart
Rich Asplund

Rain Forecasts for Brazil Hammer Coffee Prices

March arabica coffee (KCH26) today is down -12.70 (-3.41%).  March ICE robusta coffee (RMH26) is down -40 (-1.02%).

Coffee prices are sharply lower today amid forecasts of rain over central Brazil during the next week, easing dryness concerns.  Also, today's rally in the dollar index (DXY00) to a 4-week high is weighing on most commodity prices, including coffee.  

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