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Rich Asplund

Rain Forecasts for Brazil Weigh on Coffee Prices

Ice Brazil BI Weather Channel FAs Vietnam

March arabica coffee (KCH26) today is down -8.25 (-2.32%). March ICE robusta coffee (RMH26) is down -77 (-1.92%).

Coffee prices are sharply lower today on forecasts of rain in Brazil's coffee-growing regions throughout this week, which have eased concerns over dry conditions. The Weather Channel is forecasting showers every day this week in Minas Gerais, Brazil's largest arabica coffee-growing region.

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