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Rich Asplund

REVEALED: Coffee prices rally on brazilian real strength and vietnam coffee crop concerns - The Real Truth

Ice Brazil Vietnam Mar ICE USDA ICO the USDA FAS International Coffee Organization

March arabica coffee (KCH24) this morning is up +3.90 (+2.01%) on Tuesday, and Mar ICE robusta coffee (RMH24) is up +12 (+0.42%).

Coffee prices this morning are moderately higher. Strength in the Brazilian real is bullish for coffee as the real (^USDBRL) today climbed to a 4-3/4 month high against the dollar, discouraging export selling from Brazil's coffee producers.

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