Coffee Prices in Tug-of-War: Brazil's Crop & Weather Risks

Coffee prices see mixed movements today, with March arabica futures dropping and January robusta climbing. Brazils rains boost arabica, while Indonesian flooding supports both. However, ample supply outlooks cap gains, with Brazils crop forecast up and U.S. imports down. Global exports dip, but world output is set to rise next season. Low inventories and weather risks could push prices higher as we approach the new year.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.