Dry Weather Forecasts in Brazil Spark Short Covering in Coffee

December arabica coffee (KCZ26 ) closed up +10.15 (+3.64%) on Monday, and November ICE robusta coffee (RMX26 ) closed up +45 (+1.34%). Coffee prices rallied sharply on Monday, with arabica posting a 2-week high and robusta posting a 1-week high. Concerns that dry conditions in Brazil could hurt the prospects...Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock