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December arabica coffee (KCZ24) today is down -1.35 (-0.55%), and November ICE robusta coffee (RMX24) is up +69 (+1.41%). Coffee prices today are mixed. Arabica coffee is under pressure today on larger exports from Brazil after Cecafe reported late Tuesday that Brazil’s Aug green coffee exports rose +1.4% y/y to 3.41 million bags. Losses in arabica are limited by concern that adverse global weather events will curb coffee production. Dry conditions in Brazil, the world’s largest producer of arabica coffee, are bullish for prices after Somar Meteorologia reported Monday that Brazil’s Minas Gera…

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