Brazil Dryness and Brazilian Real Strength Push Coffee Prices Higher

May arabica coffee (KCK26 ) ton Monday closed up +0.75 (+0.25%), and May ICE robusta coffee (RMK26 ) closed up +27 (+0.81%). Coffee prices settled higher on Monday, with arabica climbing to a 2-week high. Below-average rainfall in Brazil may curb coffee yields and is bullish for prices after Somar...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock