THE TRUTH ABOUT: 7 - The Untold Story

Coffee Prices Finish Sharply Lower on Forecasts for Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) Monday closed down -12.70 (-4.93%), and November ICE robusta coffee (RMX24 ) closed down -199 (-3.93%). Coffee prices Monday plunged to 2-1/2 week lows. Forecasts for rain in Brazil eased drought concerns and sparked long liquidation in coffee futures. Forecaster Maxar Technologies said Monday that...

Barchart · Oct 7, 2024

Coffee Prices Plunge on Forecasts for Beneficial Rain in Brazil

December arabica coffee (KCZ24 ) today is down -13.50 (-5.25%), and November ICE robusta coffee (RMX24 ) is down -197 (-3.89%). Coffee prices today plunged to 2-1/2 week lows. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee futures. Forecaster Maxar Technologies said today...

Barchart · Oct 7, 2024

Coffee Prices Settle Higher as ICE Inventories Tighten

December arabica coffee (KCZ24 ) Friday closed up +5.30 (+2.10%), and November ICE robusta coffee (RMX24 ) closed up +146 (+2.97%). Coffee prices rallied moderately on Friday as tightness in coffee inventories sparked short covering in coffee futures. ICE-monitored arabica coffee inventories fell to a 4-month low of 795,874 bags...

Barchart · Oct 4, 2024

Coffee Prices Plummet as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) today is down -7.10 (-2.69%), and November ICE robusta coffee (RMX24 ) is down -300 (-5.51%). Coffee prices today plummeted to 1-week lows and are sharply lower after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is...

Barchart · Oct 2, 2024

Coffee Prices Close Lower as Rain Boosts Crop Prospects in Brazil

December arabica coffee (KCZ24 ) Tuesday closed down -6.10 (-2.26%), and November ICE robusta coffee (RMX24 ) closed down -53 (-0.96%). Coffee prices fell on Tuesday, with arabica falling to a 1-week low. The Commodity Weather Group said Tuesday that showers in Brazil have improved soil moisture levels and supported...

Barchart · Oct 1, 2024

Coffee Prices Fall as Rain in Brazil Improves Coffee Crop Prospects

December arabica coffee (KCZ24 ) today is down -5.60 (-2.07%), and November ICE robusta coffee (RMX24 ) is down -76 (-1.38%). Coffee prices today are moderately lower, with arabica falling to a 1-week low. The Commodity Weather Group said today that showers in Brazil have boosted the flowering of coffee...

Barchart · Oct 1, 2024

Coffee Prices Recover Early Losses on Brazil Crop Concerns

December arabica coffee (KCZ24 ) Monday closed up +1.10 (+0.41%), and November ICE robusta coffee (RMX24 ) closed up +16 (+0.29%). Coffee prices recovered from early losses on Monday and posted moderate gains. Coffee prices initially moved lower on Monday, according to forecasts for substantial showers for the Minas Gerais...

Barchart · Sep 30, 2024

Coffee Prices Slip on Rain Forecasts for Brazil

December arabica coffee (KCZ24 ) today is down -1.05 (-0.39%), and November ICE robusta coffee (RMX24 ) is down -10 (-0.18%). Coffee prices today are posting modest losses. Forecasts for substantial showers for the Minas Gerais region in Brazil at the end of this week have eased Brazil's drought concerns...

Barchart · Sep 30, 2024

Coffee Prices Consolidate This Week's Gains

December arabica coffee (KCZ24 ) Friday closed down -4.75 (-1.73%), and November ICE robusta coffee (RMX24) closed down -45 (-0.81%). Coffee prices settled moderately lower on Friday as they consolidated this week's sharp rally. On Thursday, Dec arabica coffee soared to a 13-year nearest-futures high, and Nov robusta rose to...

Barchart · Sep 27, 2024

Coffee Slips as Price Consolidate Recent Rally

December arabica coffee (KCZ24 ) today is down -5.50 (-2.01%), and November ICE robusta coffee (RMX24 ) is down -57 (-1.03%). Coffee prices today are moderately lower as they consolidate this week's sharp rally. On Thursday, Dec arabica coffee soared to a 13-year nearest-futures high, and Nov robusta rose to...

Barchart · Sep 27, 2024