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Rich Asplund

DARK SECRETS: Arabica coffee soars on brazilian real strength and brazil crop concerns | Rare Historical Photos

Brazil Ice United States Conab the USDA FAS Vietnam Rabobank USDA Volcafe

July arabica coffee (KCN25) today is up +12.00 (+3.22%), and May ICE robusta coffee (RMK25) is up +55 (+1.05%).

Coffee prices today are moving higher, with arabica up sharply to a 2-1/2 week high. Strength in the Brazilian real (^USDBRL) is supportive of coffee prices. Today, the real climbed to a 2-1/2 week high against the dollar, discouraging export sales from Brazil's coffee producers.

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