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Rich Asplund

FORGOTTEN HISTORY: Coffee prices post modest losses as dry conditions ease in brazil - The Untold Story

Ice Brazil Vietnam USDA Deficit International Coffee Organization Volcafe

September arabica coffee (KCU24) on Wednesday closed down -0.45 (-0.18%), and Sep ICE robusta coffee (RMU24) closed down -2 (-0.04%).

Coffee prices Wednesday posted modest losses. Recent rain in Brazil has eased dryness concerns and is weighing on arabica prices. Meanwhile, robusta is under pressure after ICE-monitored robusta coffee inventories rose to a 1-year high Wednesday of 6,119 lots, signaling increased supplies.

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