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Barchart
Barchart
Rich Asplund

MYSTERIOUS: Frost threats in brazil push coffee prices sharply higher - What They Never Told You

September arabica coffee (KCU25) Tuesday closed up +4.40 (+1.51%), and September ICE robusta coffee (RMU25) closed up +102 (+3.20%).

Coffee prices erased early losses on Tuesday and settled sharply higher on concern about frost in Brazil.  Meteorologist Climatempo forecasted Tuesday that a cold front will advance through Brazil's coffee-growing regions later this week, potentially bringing crop-damaging frost to the area.

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