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Barchart
Barchart
Rich Asplund

Coffee Prices Fall as USDA Projects Increases in Coffee Output and Ending Stocks

Ice USDA Vietnam Brazil the International Coffee Organization Volcafe

September arabica coffee (KCU24) on Friday closed down -5.35 (-2.32%), and July ICE robusta coffee (RMN24) closed down -75 (-1.71%).

Coffee prices on Friday settled moderately lower.  Thursday's bi-annual report from the USDA was bearish for coffee prices as the USDA projected an increase in 2024/25 global coffee production and an increase in 2024/25 global coffee ending stocks.

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