Coffee Prices Plunge in Anticipation of Larger Brazil Supplies

December arabica coffee (KCZ26 ) is down -14.60 (-4.35%) today, and November ICE robusta coffee (RMX26 ) is down -85 (-2.30%). Coffee prices fell to 1-week lows today and are sharply lower as the outlook for Brazil’s coffee harvest to put more supplies into the market has sparked long liquidation...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock