Coffee Prices Erase Early Gains on Rain Forecasts for Brazil
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May arabica coffee (KCK25 ) today is down -4.90 (-1.23%), and May ICE robusta coffee (RMK25 ) is down -80 (-1.43%). Coffee prices today erased an early rally and turned lower after meteorologist Climatempo forecast widespread showers for Brazil’s coffee-growing regions later this week. Coffee prices today initially moved higher,…
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