Expectations of a Bumper Brazil Coffee Crop Weigh on Prices
8/5 00:37
July arabica coffee (KCN26 ) today is down -10.00 (-3.52%), and July ICE robusta coffee (RMN26 ) is down -6 (-0.18%). Coffee prices are on the defensive today, with arabica falling sharply to a 2-week low. Expectations of a larger Brazilian coffee crop are negative for prices. Last Thursday, the......