September arabica coffee (KCU26) is down -6.20 (-1.82%), and September ICE robusta coffee (RMU26) is down -96 (-2.55%).
NY arabica coffee prices today fell back from Tuesday’s 1-month high, which was prompted by the massive earthquake that hit Colombia on Monday and the subsequent disruption to coffee exports from the country, the world’s second-largest producer of arabica coffee beans. Among the areas hit by Monday’s 7.4 magnitude quake were the coffee-growing provinces of Caldas and Risaralda, which account for about a quarter of Colombia’s production.
