Coffee Rallies on Concern Over Global Coffee Production

Written on 09/18/2024
Rich Asplund

December arabica coffee (KCZ24 ) today is up +2.60 (+1.00%), and November ICE robusta coffee (RMX24 ) is up +37 (+0.70%). Coffee prices today are moderately higher, with Dec arabica and Nov robusta posting contract highs, while nearest-futures (U24) robusta posted a new all-time high. Coffee prices rallied on adverse...Coffee - Cup of coffee with coffee beans in burlap sack on coffee tree background by Amenic181 via Shutterstock