Coffee Prices Sharply Higher as Brazil’s Coffee Harvest is Delayed

September arabica coffee (KCU26 ) on Monday closed up +10.75 (+3.43%), and September ICE robusta coffee (RMU26 ) closed up +42 (+1.12%). Coffee prices settled sharply higher on Monday amid concern that heavy rain in Brazil will further disrupt the country’s coffee harvest and tighten global supplies. On Monday, Somar...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock