Dry Conditions in Brazil Underpin Coffee Prices
May arabica coffee (KCK25 ) Tuesday closed up +9.75 (+2.54%), and May ICE robusta coffee (RMK25 ) closed up +177 (+3.29%). Coffee prices settled higher on Tuesday due to below-normal rainfall in Brazil. Somar Meteorologia reported Monday that Brazil's biggest arabica coffee growing area of Minas Gerais received 1.1 mm...
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