Brazil's Worst Drought in 40 Years Boosts Coffee Prices
December arabica coffee (KCZ24 ) today is up +1.60 (+0.65%). November ICE robusta coffee (RMX24 ) is up +201 (+4.10%). Coffee prices today are moderately higher, with Nov robusta posting a contract high and nearest-futures (U24) robusta posting a record high. Excessive dryness in Brazil may cause premature flowering of...
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