Global Weather Concerns Support Coffee Prices
May arabica coffee (KCK25 ) today is up +5.85 (+1.49%), and May ICE robusta coffee (RMK25 ) is up +86 (+1.56%). Coffee prices today are moderately high, with robusta posting a 2-1/2 week high. Weather concerns in Brazil and Vietnam are boosting coffee prices. Cooxupe, Brazil’s largest arabica coffee co-operative,…