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Barchart
Barchart
Rich Asplund

Coffee Prices Consolidate Below Last Week's Highs

July arabica coffee (KCN25) today is up +1.55 (+0.40%), and July ICE robusta coffee (RMN25) is up +5 (+0.10%).

Coffee prices today are trading higher and are consolidating below last week's highs.  Last Tuesday, arabica coffee rose to a  2-1/2 month high, and robusta posted a 5-week high on concern about a smaller Brazilian coffee crop.  On April 22, Rabobank predicted Brazil's 2025/26 arabica coffee crop would fall -13.6% y/y to 38.1 million bags, citing dry weather in key arabica-growing areas that significantly reduced flowering of coffee trees.  On April 9, Cecafe reported that Brazil's March green coffee exports fell -26% y/y to 2.95 million bags.  

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