Coffee Prices Extend 2-week Plunge as Frost Risks Recede in Brazil
September arabica coffee (KCU25 ) Wednesday closed down -6.85 (-2.20%), and September ICE robusta coffee (RMU25 ) closed down -158 (-4.29%). Coffee prices on Wednesday extended Tuesday’s plunge, with arabica coffee falling to a 5-1/2 month low and robusta sliding to a 13-1/4 month low. Coffee prices are being hammered…