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Rich Asplund

REVEALED: Coffee prices rally on weather news | Vintage Vibes

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

December arabica coffee (KCZ24) today is up +4.90 (+1.97%), and November ICE robusta coffee (RMX24) is up +71 (+1.60%).

Coffee prices are higher after today's report from Somar Meteorologia that rainfall in Brazil's biggest arabica coffee growing area of Minas Gerais received 25.1 mm of rain last week, or only 74% of the historical average.

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