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Barchart on MSNInsufficient Rain in Brazil Supports Coffee PricesWednesday closed up +7.25 (+1.89%), and May ICE robusta coffee (RMK25) closed up +58 (+1.06%). Coffee prices on Wednesday ...
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Coffee Prices Pressured by Rain Forecasts for BrazilCoffee prices today extended Thursday's sharp losses on forecasts for rain in Brazil. Somar Meteorologia said Thursday that dry and hot weather in Brazil for the rest of this week will give way to ...
A severe drought has been ravaging vast areas of South America since 2023. The lack of rain has destroyed coffee crops and eroded global stockpiles. Two weeks ago, Longo raised the price of his ...
Somar Meteorologia reported Monday that Brazil's biggest arabica coffee growing area of Minas Gerais received 30.8 mm of rain in the week ended March 15, or 71% of the historical average.
Coffee prices today extended Thursday's sharp losses on forecasts for rain in Brazil. Somar Meteorologia said Thursday that dry and hot weather in Brazil for the rest of this week will give way ...
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