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Rich Asplund

FORGOTTEN HISTORY: Coffee prices close lower on brazilian real weakness | History Defined

Ice Brazil Vietnam El Nino ICO the US Climate Prediction Center USDA FAS

Dec arabica coffee (KCZ23) on Monday closed down -2.35 (-1.55%), and Nov ICE robusta coffee (RMX23) closed down -18 (-0.73%).

Coffee prices Monday posted moderate losses, with arabica falling to a 2-week low due to weakness in the Brazilian real.  The real (^USDBRL) Monday fell to a 2-week low against the dollar, encouraging export selling by Brazil's coffee producers.  

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