Dry Conditions in Brazil Boost Coffee Prices

Coffee prices are moderately higher, with arabica and robusta posting a 2-week high and 3-week high respectively. Brazil’s Minas Gerais region received 29.4 mm of rainfall in the past week, which accounts for about 30% of Brazil’s arabica crop. Robusta coffee has carryover support from last Thursday when Vietnam’s Feb coffee exports fell -20% y/y […]
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