July arabica coffee (KCN25) Wednesday closed down -10.95 (-3.26%), and July ICE robusta coffee (RMN25) closed down -299 (-6.92%).
Coffee prices plummeted on Wednesday, with arabica falling to a 5-month low and robusta sinking to a 1-year low due to an improved supply outlook. Brazil's ongoing coffee harvest is weighing on prices as Safras & Mercado reported last Friday that Brazil's 2025/26 coffee harvest was 35% complete as of June 11, slightly behind last year's comparable level of 37% but in line with the 5-year average of 35%. The breakdown showed that 49% of the robusta harvest and 26% of the arabica harvest were complete as of June 11. Brazil's arabica harvest has been slowed by heavy rain in some areas.
