Expectations for Ample Global Coffee Supplies Pressure Prices
September arabica coffee (KCU25 ) Friday closed down -1.90 (-0.62%), and September ICE robusta coffee (RMU25 ) closed down -4 (-0.11%). Coffee prices settled lower on Friday, with arabica coffee posting a 6-3/4 month low. The outlook for abundant coffee supplies is undercutting prices. On Wednesday, the USDA's Foreign Agricultural...
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