Coffee Prices Settle Higher on Global Supply Fears
March arabica coffee (KCH25 ) Wednesday closed up +9.05 (+2.53%), and March ICE robusta coffee (RMH25 ) closed up +49 (+0.88%). Coffee prices posted moderate gains Wednesday, with arabica climbing to a fresh all-time nearest-futures high and robusta climbing to a 2-month high. Supply fears underpin coffee prices after Conab,…