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Rich Asplund

UNBELIEVABLE: Arabica coffee prices fall on brazil rain forecasts - The Untold Story

Ice Brazil arabica Vietnam Minas Gerais FAs

March arabica coffee (KCH26) on Thursday closed down -5.50 (-1.57%), and March ICE robusta coffee (RMH26) closed up +34 (+0.82%).

Coffee prices settled mixed on Thursday due to divergent global weather. Arabica coffee prices were under pressure Thursday amid forecasts of steady rains in Minas Gerais, Brazil's main coffee-growing region, over the next week. However, robusta coffee moved higher on forecasts of limited showers in Vietnam's Central Highlands, the country's main coffee-growing region, over the next 10 days.

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