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Rich Asplund

Brazil Harvest Pressures Weigh on Coffee Prices

Ice Brazil Vietnam FAs StoneX

July arabica coffee (KCN26) today is down -1.45 (-0.56%), and July ICE robusta coffee (RMN26) is up +17 (+0.49%).

Coffee prices are mixed today, with arabica falling to a 1.5-year nearest-futures low. Coffee prices are under pressure amid weather forecasts calling for drier conditions this week in Brazil’s coffee-growing regions, which would allow the coffee harvest to resume after being delayed last week by heavy rains.

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