Coffee Prices Settle Lower on Forecasts for Rain in Brazil

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November 29, 2023
March arabica coffee (KCH24 ) on Wednesday closed down -0.40 (-0.23%), and Jan ICE robusta coffee (RMF24 ) closed down -16 (-0.63%). Coffee prices Wednesday closed moderately lower as forecasts for heavy and widespread rain in Brazil eased dryness concerns and weighed on coffee prices. On Wednesday, Climatempo said that…

March arabica coffee (KCH24 ) on Wednesday closed down -0.40 (-0.23%), and Jan ICE robusta coffee (RMF24 ) closed down -16 (-0.63%). Coffee prices Wednesday closed moderately lower as forecasts for heavy and widespread rain in Brazil eased dryness concerns and weighed on coffee prices. On Wednesday, Climatempo said that…  Read More  CANNABIS, MARIJUANA, SOCIAL MEDIA 

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