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Barchart
Barchart
Rich Asplund

Coffee Prices Plunge on the Prospects of a Bumper Brazil Coffee Crop

Ice Brazil FAs

March arabica coffee (KCH26) today is down -15.70 (-5.23%), and March ICE robusta coffee (RMH26) is down -198 (-5.14%).

Coffee prices are sinking today, with arabica falling to a 7.25-month low and robusta sliding to a 6-month low.  Coffee prices have been under pressure over the past 3 weeks amid signs of a bumper Brazilian coffee crop.  On February 5, Conab, Brazil's crop forecasting agency, said that Brazil's 2026 coffee production will climb by +17.2% y/y to a record 66.2 million bags, with arabica production up +23.2% y/y to 44.1 million bags and robusta production up +6.3% y/y to 22.1 million bags.

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