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0.00056529112492936 0.000942151874882311 0.0028264556246468 0.00395703787450539 -0.00263802524967026 0.00131901262483513 -0.00829093649896359 -0.00546448087431692
Stock impact report

Coffee Prices Climb Amid Below Normal Rainfall in Brazil [Yahoo! Finance]

Marex Group plc - Ordinary Shares (MRX) 
Company Research Source: Yahoo! Finance
Coffee prices are moving higher today, with arabica climbing to a 2-week high. Below-average rainfall in Brazil may curb coffee yields and is pushing prices higher today. Somar Meteorologia reported today that Brazil's largest arabica coffee-growing area, Minas Gerais, received 4.2 mm of rain last week, or only 20% of the historical average. More News from Barchart How Much Higher Can Soybean Meal Prices Go Here? Soybean Meal Bulls Spring to Life Supporting Soybean Prices; Cotton Prices Surging Sugar Prices Pressured by Expectations of Abundant Supplies Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. Tightness in robusta coffee supplies is supportive for robusta prices. ICE robusta inventories fell to a 1.25-year low of 3,955 lots today. However, rising ICE inventories are also pressuring arabica coffee prices as ICE-monitored arabica inventories rose to a 6.25-month hig Show less Read more
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