Coffee Prices Post Record Highs as Global Supplies Tighten
March arabica coffee (KCH25 ) Friday closed up +4.45 (+1.19%), and March ICE robusta coffee (RMH25 ) closed down -16 (-0.28%). Coffee prices on Friday settled mixed, with arabica climbing to a new all-time nearest-futures high. Global coffee supply fears underpin prices after Conab, Brazil’s government crop forecasting agency, forecasted…