Dry Brazil Weather Forecasts Weigh on Coffee Prices
September arabica coffee (KCU26) today is down -5.80 (-1.74%), and September ICE robusta coffee (RMU26) is down -14 (-0.26%). Coffee prices are under pressure today amid forecasts for dry weather this week in Brazil’s coffee-growing regions, which should allow the pace of the country’s coffee harvest to accelerate. Don’t Miss a Day: From crude oil…