Coffee Prices Fall as USDA Projects Increases in Coffee Output and Ending Stocks
September arabica coffee (KCU24 ) on Friday closed down -5.35 (-2.32%), and July ICE robusta coffee (RMN24 ) closed down -75 (-1.71%). Coffee prices on Friday settled moderately lower. Thursday's bi-annual report from the USDA was bearish for coffee prices as the USDA projected an increase in 2024/25 global coffee...
Barchart ·