July arabica coffee (KCN25) today is down -14.40 (-3.71%), and July ICE robusta coffee (RMN25) is down -161 (-3.08%).
Coffee prices today are sharply lower, with arabica coffee falling to a 2-1/2 week low and robusta dropping to a 1-month low. Today's rally in the dollar index (DXY00) to a 1-month high is bearish for coffee prices. Also, signs of larger global coffee supplies are weighing on coffee prices after the USDA last Friday forecast 2025/26 coffee production in Honduras, Central America's largest coffee producer, would climb +5.1% y/y to 5.8 million bags. In addition, consulting firm Safras & Mercado raised its Brazil 2025/26 coffee production estimate to 65.51 million bags from an earlier estimate of 62.45 million bags, and Conab, Brazil's crop forecasting agency, raised its Brazil 2025 coffee production estimate to 55.7 million bags from a January estimate of 51.81 million bags.
