Coffee Prices Surge on Brazil Dryness and Brazilian Real Strength

March arabica coffee (KCH26 ) on Tuesday closed up +14.50 (+4.04%). March ICE robusta coffee (RMH26 ) closed up +89 (+2.27%). Coffee prices rallied sharply on Tuesday, with arabica posting a 4-week high. Below-average rainfall in Brazil, the world's largest arabica producer, is supporting arabica coffee. Somar Meteorologia reported Monday...Hot coffee in a white coffee cup and many coffee beans by Kingmaya Studio via Shutterstock