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Barchart
Rich Asplund

FOUND: Arabica coffee prices decline on rain forecasts for brazil | Mind Blowing Facts

December arabica coffee (KCZ25) today is down -6.80 (-1.77%), and November ICE robusta coffee (RMX25) is up +25 (+0.55%).

Coffee prices today are mixed, with robusta posting a 3-week high.  Forecasts for rain in Brazil's coffee-growing regions later this week are weighing on arabica prices.  Climatempo said some areas of Minas Gerais are expected to receive a "significant amount" of rain, up to 30 mm, which should promote coffee flowering.

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