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Rich Asplund

SHOCKING: Coffee prices fall on weakness in the brazilian real - You Need To See This

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Sep arabica coffee (KCU23) on Thursday closed down -2.20 (-1.32%), and Sep ICE robusta coffee (RMU23) closed down -29 (-1.08%).

Coffee prices Thursday gave up early gains and closed moderately lower.  Weakness in the Brazilian real (^USDBRL) weighed on coffee prices Thursday after the real dropped to a 3-week low against the dollar.  A weaker real encourages export selling from Brazil's coffee producers.  

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