Coffee News Recap, 17 Jan: ICE arabica rose 1.7% following reduced rainfall in Brazil, Starbucks revokes open-door policy in the US & other stories
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note After weather reports estimated a drop in rainfall levels below historical averages, the Intercontinental Exchange contract for arabica climbed 1.7%. Over the past few weeks, arabica futures have remained steady, slightly above the US $3.2/lb mark; however, market…