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Barchart
Barchart
Rich Asplund

Coffee Prices On Forecast for Increased Brazil Coffee Production

Ice Brazil Vietnam Mar ICE StoneX USDA International Coffee Organization

May arabica coffee (KCK24) this morning is down -4.80 (-2.55%), and Mar ICE robusta coffee (RMH24) is down -85 (-2.61%).

Coffee prices this morning are moderately lower, with robusta falling to a 4-week low.  Coffee prices are under pressure today after researcher StoneX projected Brazil's 2024/25 coffee production would increase by +4.2% y/y to 67 million bags.  

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