Below-Average Rainfall in Brazil Pushes Coffee Prices Sharply Higher
December arabica coffee (KCZ25 ) today is up +10.85 (+2.91%), and November ICE robusta coffee (RMX25 ) is up +116 (+2.59%). Coffee prices are sharply higher on signs of excessive dry conditions in Brazil's main coffee-growing region. Somar Meteorologia reported today that Brazil's largest arabica coffee-growing area, Minas Gerais, received...
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