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Stock impact report

Favorable Brazil Crop Outlook Weighs on Coffee Prices [Yahoo! Finance]

StoneX Group Inc. (SNEX) 
Company Research Source: Yahoo! Finance
Coffee prices settled lower on Monday due to favorable growing conditions in Brazil. On Monday, Climatempo said that Brazil's soil moisture remains beneficial, while the current dry conditions are aiding cherry ripening. Also, rain is expected to return to Brazil's key coffee-growing regions this week. More News from Barchart What's the Connection Between the US War on Iran, Fuel, Fertilizer, and Food Prices? (Part 1) Cocoa Prices Fall on Expectations of a Bumper West African Cocoa Crop Cattle Prices Show Resilience While Hog Prices Fade: What to Watch This Week Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! Last Friday, arabica climbed to a 1.5-month high and robusta rose to a 1.5-week high as the closure of the Strait of Hormuz disrupted global shipping and tightened global coffee supplies. The closure of the waterway has increased global Show less Read more
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