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Barchart
Rich Asplund

Coffee Prices Retreat as Brazil's Coffee Harvest Picks Up Pace

Ice Brazil Vietnam the USDA FAS Deficit the International Coffee Organization USDA Volcafe

September arabica coffee (KCU24) today is down -3.70 (-1.54%), and Sep ICE robusta coffee (RMU24) is down -10 (-0.22%).

Coffee prices today fell to 1-week lows and are moderately lower.  Coffee harvest pressures in Brazil are negative for prices after Safras & Mercado reported today that Brazil's 2024/25 coffee harvest was 74% completed as of July 16, faster than 66% last year at the same time and faster than the 5-year average of 70%.  Brazil is the world's largest producer of arabica coffee beans.  

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