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Barchart
Barchart
Rich Asplund

YOU WONT BELIEVE: Coffee prices see support from weather concerns - What They Never Told You

March arabica coffee (KCH25) is up +1.55 (+0.47%), and January ICE robusta coffee (RMF25) is up +33 (+0.65%).

Arabica coffee prices are trading higher on continued support from below-average rain last week in Brazil, the world's largest producer of arabica coffee.  Somar Meteorologia reported Monday that Brazil's biggest arabica coffee growing area of Minas Gerais received 43.6 mm of rain last week, or 83% of the historical average.

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