September arabica coffee (KCU26) today is down -11.70 (-3.45%), and September ICE robusta coffee (RMU26) is down -88 (-2.27%).
Coffee prices are sharply lower today as weakness in the Brazilian real induced long liquidation in coffee futures. The real (^USDBRL) dropped to a 2.5-week low against the dollar today, which encourages export sales from Brazil’s coffee producers.