Lack of Rain in Brazil Boosts Coffee Prices
19/5 21:35
July arabica coffee (KCN25 ) today is up +8.70 (+2.38%), and July ICE robusta coffee (RMN25 ) is up +81 (+1.66%). Coffee prices today are sharply higher due to lighter-than-normal rainfall in Brazil's coffee-growing regions. Somar Meteorologia reported today that Brazil's biggest arabica coffee growing area of Minas Gerais, received......