Arabica Coffee Climbs to Record High on Shortage Fears
March arabica coffee (KCH25 ) today is up +2.80 (+0.74%), and March ICE robusta coffee (RMH25 ) is down -192 (-3.36%). Coffee prices today are mixed, with arabica soaring to a new all-time nearest-futures high. Global coffee supply fears underpinned coffee prices after Conab, Brazil’s government crop forecasting agency, forecasted…