Rain Forecasts for Brazil Weigh on Coffee Prices
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May arabica coffee (KCK25 ) today is down -10.95 (-2.84%), and May ICE robusta coffee (RMK25 ) is down -81 (-1.47%). Coffee prices today are moderately lower, with arabica posting a 2-week low. Arabica coffee is under pressure after Somar Meteorologia forecast widespread showers next week in Minas Gerais, Brazil’s…
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