Brazil Rains and Brazilian Real Weakness Knock Coffee Prices Lower

December arabica coffee (KCZ25 ) today is down -4.50 (-1.19%), and November ICE robusta coffee (RMX25 ) is down -91 (-1.99%). Coffee prices are sliding today, with arabica falling to a 1-week low. Coffee prices are under pressure today due to forecasts for rain in Brazil's coffee-growing regions. Climatempo stated...Coffee in a cup on a background of coffee beans by Zadorozhnyi Viktor via Shutterstock