Coffee Prices Pressured by an Improved Brazil Coffee Crop Outlook

July arabica coffee (KCN26 ) today is down -2.45 (-0.92%), and July ICE robusta coffee (RMN26 ) is down -56 (-1.66%). Coffee prices today added to last Friday's sharp losses, with arabica falling to a 1.5-year nearest-futures low and robusta posting a 4-week low. Expectations of a larger Brazilian coffee...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock