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Rich Asplund

INSANE: Below normal rainfall in brazil supports coffee prices - The Real Truth

Ice Brazil Somar Meteorologia the USDA FAS USDA Vietnam Cecafe International Coffee Organization

December arabica coffee (KCZ24) today is up +3.65 (+1.48%), and January ICE robusta coffee (RMF25) is up +47 (+1.09%).

Coffee prices today are moderately higher due to the concern that abnormally dry conditions in Brazil will curb the country's coffee production. Somar Meteorologia reported Monday that rainfall in Brazil's biggest arabica coffee growing area of Minas Gerais received 27.4 mm of rain last week, or only 64% of the historical average. Minas Gerais is Brazil's largest arabica coffee-producing area,

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