Arabica Coffee Posts New Record High on Brazil Crop Concerns

March arabica coffee (KCH25 ) Monday closed up +24.70 (+6.11%), and March ICE robusta coffee (RMH25 ) closed up +110 (+1.98%). Coffee prices Monday settled sharply higher, with arabica coffee posting a new all-time nearest-futures high. Below-normal rain in Brazil heightened coffee crop concerns and boosted coffee prices after Somar…

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