Coffee prices fell amid improving weather conditions
Coffee prices lost more than 8% in today's session, falling below 180 cents a pound. The first reports of successive frosts indicate a limited impact on coffee cultivation. More frosts are expected over the weekend, but only in some areas and not in the entire Minas Gerais region. Nevertheless, the impact of the lower temperatures will be visible in production levels in the 2021/2022 season.
Source: xStation5