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Rich Asplund

Coffee Prices Fall as Conab Raises its Brazil Coffee Production Estimate

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December arabica coffee (KCZ26) is down -1.00 (-0.36%) today, and November ICE robusta coffee (RMX26) is down -38 (-1.15%).

Coffee prices are moving lower today but remain above Wednesday’s 3-month lows. Coffee prices are under pressure today after Conab, Brazil’s crop forecasting agency, raised its Brazil 2026 coffee production estimate to 67.6 million bags from a previous estimate of 66.7 million bags. Brazil’s 2026 arabica coffee production is expected to climb by +34.8% y/y to 48.21 million bags, and robusta production is expected to fall -6.6% y/y to 19.39 million bags.

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