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Coffee Prices Supported by Below-Normal Rainfall in Brazil

December arabica coffee (KCZ24 ) Monday closed up +3.00 (+1.23%), and January ICE robusta coffee (RMF25 ) closed up +39 (+0.91%). Coffee prices posted moderate gains on Monday as the below-normal rain in Brazil threatens to curb the country's coffee production. Somar Meteorologia reported Monday that rainfall in Brazil's biggest...

Barchart · Nov 4, 2024

Below-Normal Rain in Brazil Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +2.75 (+1.13%), and January ICE robusta coffee (RMF25 ) is up +18 (+0.42%). Coffee prices today are posting moderate gains on below-normal rain in Brazil, which threatens to curb the country's coffee production. Somar Meteorologia reported today that rainfall in Brazil's biggest...

Barchart · Nov 4, 2024

Coffee Prices Settle Higher on Below-Normal Rainfall in Brazil

December arabica coffee (KCZ24 ) Wednesday closed up +1.50 (+0.60%), and January ICE robusta coffee (RMF25 ) closed up +55 (+1.25%). Coffee prices Wednesday rebounded from early losses and settled moderately higher. Concern that below-normal rain in Brazil will lead to a smaller coffee crop supported coffee prices. Somar Meteorologia...

Barchart · Oct 30, 2024

Adverse Global Weather Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +8.80 (+3.73%), and November ICE robusta coffee (RMX24 ) is up +84 (+1.76%). Coffee prices today are sharply higher on adverse global weather events. Dry conditions in Brazil, the world's largest producer of arabica coffee, are bullish for prices after Somar Meteorologia...

Barchart · Sep 9, 2024

Arabica Coffee Closes Higher on Limited Rain in Brazil

December arabica coffee (KCZ24 ) on Monday closed up +2.35 (+0.95%). Sep ICE robusta coffee (RMU24 ) did not trade on Monday, with markets in the UK closed for a holiday. Arabica coffee moved higher on Monday due to scant rainfall in Brazil. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart · Aug 26, 2024

Scant Rain in Brazil Boosts Arabica Coffee Prices

December arabica coffee (KCZ24 ) today is up +1.60 (+0.63%), and Sep ICE robusta coffee (RMU24 ) is not trading today, with markets in the UK closed for a holiday. Arabica coffee is moving higher today on scant rainfall in Brazil. Somar Meteorologia reported today that Brazil's Minas Gerais region...

Barchart · Aug 26, 2024

Coffee Prices Supported by Dry Conditions in Brazil

September arabica coffee (KCU24 ) Tuesday closed up +0.40 (+0.17%), and Sep ICE robusta coffee (RMU24 ) closed down -1 (-0.02%). Coffee prices on Tuesday settled mixed, with robusta posting a 3-week low. Concerns about dry weather in Brazil are supporting coffee prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart · Jul 30, 2024

Coffee Prices Gain on Dry Conditions in Brazil

September arabica coffee (KCU24 ) today is up +0.40 (+0.17%), and Sep ICE robusta coffee (RMU24 ) is up +8 (+0.19%). Coffee prices today are moderately higher, with robusta recovering from a 3-week low. Concerns about dry weather in Brazil are supporting coffee prices. Somar Meteorologia reported Monday that Brazil's...

Barchart · Jul 30, 2024

NY Coffee Prices Rally on Lack of Recent Rain in Brazil

September arabica coffee (KCU24 ) today is up +6.15 (+2.58%), and Sep ICE robusta coffee (RMU24 ) is up +54 (+1.19%). Coffee prices are higher today after Somar Meteorologia reported that Brazil's Minas Gerais region received no rain last week, versus the historical average for the week of 2.6 mm....

Barchart · Jul 22, 2024

Coffee Prices Close Lower as Rain in Brazil Eases Drought Concerns

September arabica coffee (KCU24 ) on Monday closed down -6.60 (-2.65%), and Sep ICE robusta coffee (RMU24 ) closed down -34 (-0.74%). Coffee prices on Monday retreated due to increased precipitation in Brazil, which has alleviated concerns about dryness. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 4.6...

Barchart · Jul 15, 2024