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Rich Asplund

THE TRUTH ABOUT: Coffee prices fall back after monday s surge | History Defined

Ice Brazil arabica United States Vietnam USDA

September arabica coffee (KCU25) today is down -3.95 (-1.31%), and September ICE robusta coffee (RMU25) is down -110 (-3.13%).  

Coffee prices today have fallen back after Monday's surge of +5.36% in arabica coffee and +9.42% in robusta coffee.  Monday's surge was sparked by concern about dry conditions in Brazil after Somar Meteorologia reported on Monday that Brazil's largest arabica coffee-growing area, Minas Gerais, received no rain during the week ended July 12.

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