Coffee Prices Rally on Brazilian Rain Conditions
May arabica coffee (KCK25 ) today is up +8.35 (+2.16%), and May ICE robusta coffee (RMK25 ) is up +120 (+2.21%). Coffee prices today added to Monday's gains, with arabica posting a 1-1/2 week high and robusta posting a 1-week high. Below-normal rain in Brazil may reduce coffee crop yields...
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