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Barchart
Rich Asplund

Arabica Coffee Prices Surge as Brazil Rains Disrupt the Coffee Harvest

Ice Brazil Vietnam FAs

September arabica coffee (KCU26) on Tuesday closed up +8.95 (+3.35%), and July ICE robusta coffee (RMN26) closed down -9 (-0.25%).

Coffee prices settled mixed on Tuesday, with arabica rallying sharply to a 6-week high. Renewed rains in Brazil are delaying the country’s coffee harvest and pushing arabica prices higher. Meteorologist Climatempo said Tuesday that a new cold front is supporting rains over southern Brazil, impacting field activities and potentially affecting the quality of the coffee crop.

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