Rain Forecasts for Brazil Weigh on Arabica Coffee Prices

December arabica coffee (KCZ25 ) on Thursday closed down -7.85 (-2.04%), and November ICE robusta coffee (RMX25 ) closed up +26 (+0.57%). Coffee prices settled mixed on Thursday, with robusta posting a 3-week high. Arabica coffee fell sharply on Thursday due to forecasts for rain in Brazil's coffee-growing regions later...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock