Coffee Prices Decline on the Prospects of a Bumper Brazilian Coffee Crop

May arabica coffee (KCK26 ) today is down -2.50 (-0.89%), and May ICE robusta coffee (RMK26 ) is down -28 (-0.77%). Coffee prices are sliding today amid pressure from an outlook for higher global coffee output. Rabobank said Wednesday that global coffee production is projected to reach a record 180...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock