Learn more

September arabica coffee (KCU24) today is up +0.40 (+0.17%), and Sep ICE robusta coffee (RMU24) is up +8 (+0.19%). Coffee prices today are moderately higher, with robusta recovering from a 3-week low. Concerns about dry weather in Brazil are supporting coffee prices. Somar Meteorologia reported Monday that Brazil’s Minas Gerais region received no rain last week, versus the historical average for the week of 5.1 mm. Minas Gerais accounts for about 30% of Brazil’s arabica crop. Arabica coffee also has support after Monday’s report from the Coffee Trading Academy projected Brazil’s 2024/25 coffee…