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Barchart
Barchart
Rich Asplund

BIZARRE: Dry weather in brazil boosts coffee prices | Mind Blowing Facts

Ice Brazil Somar Meteorologia the USDA FAS Conab Vietnam Minas Gerais Vietnam General Statistics Office Volcafe

May arabica coffee (KCK25) today is up +2.90 (+0.75%), and May ICE robusta coffee (RMK25) is up +88 (+1.64%).

Coffee prices today are trading higher on below-normal rainfall in Brazil.  Somar Meteorologia reported today that Brazil's biggest arabica coffee growing area of Minas Gerais received 1.1 mm the week ended March 8, or 2% of the historical average.  

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