Brazil Rains Delay the Coffee Harvest and Support Prices

July arabica coffee (KCN26 ) today is up +1.40 (+0.50%), and July ICE robusta coffee (RMN26 ) is up +26 (+0.71%). Coffee prices extended this week’s rally today and posted fresh 5-week highs. Coffee prices are climbing over concerns that persistent rain in Brazil will delay the coffee harvest. Forecaster...

July arabica coffee (KCN26 ) today is up +1.40 (+0.50%), and July ICE robusta coffee (RMN26 ) is up +26 (+0.71%). Coffee prices extended this week’s rally today and posted fresh 5-week highs. Coffee prices are climbing over concerns that persistent rain in Brazil will delay the coffee harvest. Forecaster...