Arabica Coffee Moderately Higher on Brazil Crop Concerns
May arabica coffee (KCK24 ) this morning is up +4.60 (+2.22%), and May ICE robusta coffee (RMK24 ) is down -13 (-0.35%). Coffee prices this morning are mixed, with arabica climbing to a new 5-3/4 month high. Arabica coffee prices have support by concern that recent heavy rain in Brazil’s…