Coffee Prices Retreat on Uncertainty about Crop Damage in Brazil

March arabica coffee (KCH25 ) today is down -9.20 (-2.75%), and January ICE robusta coffee (RMF25 ) is down -48 (-0.91%). Coffee prices are retreating today on concerns that prices rose too far and too fast this week. Long liquidation emerged today in coffee futures after coffee-trader Neuman Gruppe GmbH…