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Rich Asplund

Coffee Prices Slip on Brazil Harvest Pressures

Ice Brazil USDA Colombia Vietnam

December arabica coffee (KCZ26) is down -0.25 (-0.08%) today, and September ICE robusta coffee (RMU26) is down -86 (-2.32%).

Coffee prices are falling today, with robusta sharply lower. Arabica coffee is under pressure on expectations for drier weather in Brazil to speed up the pace of the country’s coffee harvest. Robusta is retreating amid rising inventories as ICE robusta inventories climbed to an 8.75-month high of 4,732 lots today.

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