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Rich Asplund

Coffee Prices Pressured by Expectations of a Bumper Brazil Coffee Crop

Ice Brazil BI Vietnam FAs StoneX

May arabica coffee (KCK26) today is down -4.45 (-1.52%), and May ICE robusta coffee (RMK26) is down -30 (-0.86%).

Coffee prices are moving lower today, with arabica falling to a 7-week low. Expectations of a record Brazilian coffee crop are weighing on prices. Signs of tighter supplies limit losses on robusta coffee after ICE robusta inventories fell to a 16-month low of 3,788 lots on Monday.

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