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Rich Asplund

EXPLAINED: Arabica coffee prices jump on strength in the brazilian real | Rare Historical Photos

Ice Arabica Brazil United States Minas Gerais USDA

May arabica coffee (KCK23) this morning is up +6.25 (+3.67%), and May ICE robusta coffee (RMK23) is up +10 (+0.45%).

Coffee prices this morning are climbing, with arabica sharply higher. Strength in the Brazilian real (^USDBRL) is boosting arabica prices after the real today rose to a 2-month high against the dollar, discouraging export selling from Brazil's coffee producers.

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