Brazil Crop Concerns and Brazilian Real Strength Boosts Coffee Prices
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May arabica coffee (KCK25 ) today is up +2.90 (+0.76%), and May ICE robusta coffee (RMK25 ) is up +19 (+0.35%). Coffee prices today are moderately higher, supported by dry conditions in Brazil and strength in the Brazilian real. Somar Meteorologia reported Monday that Brazil’s biggest arabica coffee growing area…
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