Coffee Prices Jump as Persistent Rain in Brazil Delays the Coffee Harvest
July arabica coffee (KCN26 ) today is up +5.40 (+2.17%), and July ICE robusta coffee (RMN26 ) is up +107 (+3.19%). Coffee prices rallied sharply to 1-week highs today on concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall is forecast...
July arabica coffee (KCN26 ) today is up +5.40 (+2.17%), and July ICE robusta coffee (RMN26 ) is up +107 (+3.19%). Coffee prices rallied sharply to 1-week highs today on concern that persistent rain in Brazil will delay the coffee harvest. Forecaster Vaisala said moderate to heavy rainfall is forecast...
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