
December arabica coffee (KCZ24) Monday closed up +10.00 (+3.97%), and November ICE robusta coffee (RMX24) closed up +141 (+2.92%).
Coffee prices on Monday rallied sharply, with arabica coffee posting a 1-1/2 week high and robusta posting a 1-week high. Excessive dryness in Brazil may curb coffee yields, and it supports prices. Rainfall in Brazil has consistently been below average since April, damaging coffee trees during the all-important flowering stage and reducing the prospects for Brazil's 2025/26 arabica coffee crop. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 33.4 mm of rain over the past week, or 99% of the historical average. Minas Gerais accounts for about 30% of Brazil's arabica crop.