Coffee Prices Settle Higher on Below-Normal Rainfall in Brazil
December arabica coffee (KCZ24 ) Wednesday closed up +1.50 (+0.60%), and January ICE robusta coffee (RMF25 ) closed up +55 (+1.25%). Coffee prices Wednesday rebounded from early losses and settled moderately higher. Concern that below-normal rain in Brazil will lead to a smaller coffee crop supported coffee prices. Somar Meteorologia...
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