Scant Rain in Brazil Boosts Arabica Coffee Prices
December arabica coffee (KCZ24 ) today is up +1.60 (+0.63%), and Sep ICE robusta coffee (RMU24 ) is not trading today, with markets in the UK closed for a holiday. Arabica coffee is moving higher today on scant rainfall in Brazil. Somar Meteorologia reported today that Brazil’s Minas Gerais region…