Coffee Prices Retreat as Brazilian Real Weakness Spurs Long Liquidation

September arabica coffee (KCU26 ) on Wednesday closed down -13.60 (-4.01%), and September ICE robusta coffee (RMU26 ) closed down -104 (-2.68%). Coffee prices settled sharply lower on Wednesday as weakness in the Brazilian real induced long liquidation in coffee futures. The real (^USDBRL ) dropped to a 2.5-week low...Hot coffee in a white coffee cup and many coffee beans by Kingmaya Studio via Shutterstock