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Rich Asplund

HISTORICAL FACTS: Coffee prices undercut by weakness in brazilian real - Caught on Camera

Ice Brazil NOV Vietnam ICO the US Climate Prediction Center USDA FAS

Dec arabica coffee (KCZ23) this morning is down -1.60 (-1.06%), and Nov ICE robusta coffee (RMX23) is down -5 (-0.20%).

Coffee prices this morning are under pressure and posted 2-week lows. Weakness in the Brazilian real is bearish for coffee prices. The real (^USDBRL) today fell to a 3-3/4 month low against the dollar, encouraging export selling by Brazil's coffee producers.

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