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Rich Asplund

Robusta Coffee Jumps on Flooding Rains in Vietnam

United States Ice Vietnam Brazil Donald Trump Conab FAs the Trump Administration

March arabica coffee (KCH26) today is up +2.15 (+0.57%), and January ICE robusta coffee (RMF26) is up +107 (+2.37%).

Coffee prices are moving higher today, with robusta up sharply at a 2-week high. Today's dollar weakness has prompted some short covering in arabica coffee, while weather concerns in Vietnam are boosting robusta coffee. Heavy rain has delayed harvesting in Vietnam's biggest coffee-growing province, Dak Lak, with forecasts of additional showers that could damage crops.

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