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Barchart
Barchart
Rich Asplund

Coffee Prices Pressured by Brazil's Coffee Harvest

July arabica coffee (KCN25) Wednesday closed down -4.40 (-1.24%), and July ICE robusta coffee (RMN25) closed down -17 (-0.39%).

Coffee prices on Wednesday gave up an early advance and moved lower, with robusta posting a 1-week low.  Coffee prices were undercut by pressure from Brazil's coffee harvest.  Brazil's Cooxupe coffee co-op announced Tuesday that its members reported the coffee harvest was 13.7% complete, compared with 13.6% at the same time last year.  Cooxupe is Brazil's largest coffee cooperative.  It is also the world's largest coffee cooperative and Brazil's largest exporter of coffee.  Also, Safras & Mercado reported that Brazil's 2025/26 coffee harvest was 28% complete as of June 4, just above the five-year average of 27% for the same time of year.

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