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Barchart
Barchart
Rich Asplund

Arabica Coffee Closes Lower on a Bumper Brazil Crop and Abundant ICE Inventories

May arabica coffee (KCK26) on Wednesday closed down by -1.85 (-0.63%), and May ICE robusta coffee (RMK26) closed up +52 (+1.47%).

Coffee prices settled mixed on Wednesday.  The outlook for a bumper Brazil coffee crop is weighing on arabica prices, after StoneX raised its Brazil 2026/27 coffee production estimate to a record 75.3 million bags, up from its November estimate of 70.7 million bags.  Rising ICE inventories are also pressuring arabica coffee prices as ICE-monitored arabica inventories rose to a 5.75-month high of 585,621 bags on Wednesday.

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