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Barchart
Barchart
Rich Asplund

Coffee Prices Recover as Weak Brazil Coffee Exports Spur Short Covering

March arabica coffee (KCH26) on Thursday closed down -0.25 (-0.08%), and March ICE robusta coffee (RMH26) closed up +61 (+1.62%).

Coffee prices recovered from heavy losses on Thursday and settled mixed.  Coffee prices have been under pressure over the past week on signs of robust coffee supplies, with arabica falling to a 6-month low on Thursday and robusta dropping to a 5.75-month low.  Conab, Brazil's crop forecasting agency, said Thursday that Brazil's 2026 coffee production will climb +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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