Dollar Weakness and Forecasts for Limited Rain in Brazil Push Coffee Prices Higher

July arabica coffee (KCN25 ) today is up +11.25 (+2.92%), and May ICE robusta coffee (RMK25 ) is up +59 (+1.11%). Coffee prices today extended this week's rally, with arabica climbing to a 4-week high and robusta posting a 1-week high. Today's dollar weakness (DXY00 ) is supportive of most...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock