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With rain in Brazil, Arabica coffee price opens down in New York

RIO DE JANEIRO, BRAZIL - The December/21 crop fell by 180 points, at 201.60 cents/lbp, March/22 fell 190 points, at 204.35 cents/lbp, May/22 fell 190 points, at 205.35 cents/lbp and July/22 fell 190 points, at 205.90 cents/lbp.

According to the international website's analysis, coffee prices posted moderate losses on Monday due to indications of heavy rains in Brazil, which improves soil moisture levels and eases concerns over the coffee crop.

"Somar Meteorology reported Monday that Minas Gerais, a region accounting for some 30% of Brazil's Arabica coffee . . .

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