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Barchart
Barchart
Rich Asplund

DARK SECRETS: Coffee prices fall on beneficial rain in brazil 149bb9dd 8c7b 4e25 8244 e61665f15513 - The Real Truth

Ice Brazil DEC NOV ICO Vietnam USDA FAS

Dec arabica coffee (KCZ23) this morning is down -1.60 (-0.99%), and Nov ICE robusta coffee (RMX23) is down -16 (-0.63%).

Coffee prices this morning are moderately lower, with arabica falling to a 1-week low.  Coffee prices are being undercut by the outlook for favorable rains in Brazil, which would support coffee yields.  Forecaster Maxar Technologies said Brazil will receive moderate showers over the next five days.

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