Coffee Prices Soar on Concerns About Global Coffee Production

Written on 09/17/2024
Rich Asplund

December arabica coffee (KCZ24 ) today is up +8.80 (+3.53%), and November ICE robusta coffee (RMX24 ) is up +162 (+3.21%). Coffee prices today are sharply higher, with Dec arabica and Nov robusta posting contract highs, while nearest-futures (U24) robusta soared to a record high. Adverse global weather events that...Coffee - Coffee fruit on branch by Dimitry B via Unsplash