Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Rich Asplund

Arabica Coffee Climbs on Concerns About Brazil's Coffee Supplies

March arabica coffee (KCH25) Thursday closed up +3.20 (+1.09%), and January ICE robusta coffee (RMF25) closed down -11 (-0.23%).

Coffee prices Thursday settled mixed, with March arabica posting a contract high and December arabica posting a new  13-year nearest-futures high.   Coffee prices found support Thursday when the USDA's Foreign Agricultural Service (FAS) projected Brazil's 2024/25 coffee production at 66.4 MMT, below the USDA's official forecast of 69.9 MMT.  The USDA's FAS also projected Brazil's coffee inventories of 1.2 million bags when the 2024/25 season ends in June, down a -26% y/y.  

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.