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Barchart
Barchart
Rich Asplund

Arabica Coffee Weaker on Brazil Harvest Pressures

September arabica coffee (KCU24) today is down -1.10 (-0.48%), and Sep ICE robusta coffee (RMU24) is up +4 (+0.10%).

Coffee prices today are mixed.  Coffee harvest pressures in Brazil are weighing on arabica prices after Safras & Mercado reported last Friday that Brazil's 2024/25 coffee harvest was 50% completed as of June 25, faster than 45% last year at the same time and faster than the 5-year average of 47%.  Robusta coffee has carryover support from Monday when Vietnam's General Statistics Office reported that Vietnam's Jan-June coffee exports were down -10.6% y/y at 902 MT.  

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