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Barchart
Barchart
Rich Asplund

Coffee Prices Retreat on Expectations of a Bumper Brazil Coffee Crop

July arabica coffee (KCN25) Wednesday closed down -5.75 (-1.47%), and July ICE robusta coffee (RMN25) closed down -17 (-0.32%).

Coffee prices on Wednesday settled moderately lower.  Coffee prices have been on the defensive since Tuesday when 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.

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