Arabica Coffee Falls Most This Month, Dips From Two-Year High
- New York futures fall as much as 3.4%, most since July 1
- Brazil crop size is lower on smaller beans, but still sizable
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Arabica futures declined by the most this month after hitting a two-year high last week on concerns over Brazilian production.
The most-active arabica contract fell as much as 3.4% in New York, the biggest intraday drop in two weeks. Prices are cooling after last week’s jump to the highest price since February 2022.