Robusta Coffee Extends Rally to Four-Year High on Crop Woes – Bloomberg

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Robusta coffee climbed to a fresh four-year high and arabica rose on concerns that heat and dryness will further threaten crops in Brazil.
Futures have advanced this year as drought and then frost hit crops in top coffee producer Brazil, while supply worries in Vietnam and Colombia have also supported prices. Dry weather and high temperatures will likely worsen crop stress in Brazil’s arabica regions this week, according to Somar Meteorologia.

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