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Barchart
Rich Asplund

Weakness in the Brazilian Real Undercuts Coffee Prices

Ice Brazil USDA Conab Vietnam the USDA FAS Vietnam General Statistics Office Volcafe

May arabica coffee (KCK25) today is down -0.70 (-0.19%), and May ICE robusta coffee (RMK25) is down -23 (-0.43%).

Coffee prices today erased an early advance and turned lower after the Brazilian real (^USDBRL) tumbled to a 3-1/2 week low against the dollar.  The weaker real encourages export selling by Brazil's coffee producers.

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