September arabica coffee (KCU25) on Friday closed down -7.30 (-2.39%), and September ICE robusta coffee (RMU25) closed down -121 (-3.61%).
Coffee prices settled sharply lower Friday and have been undercut this week by Brazil coffee harvest pressures. On Tuesday, arabica fell to a 2-week low, Sep robusta slid to a contract low, and nearest-futures (N25) robusta sank to a 1.25-year low. On Friday, Safras & Mercado reported that Brazil's overall 2025/26 coffee harvest was 84% complete as of July 23, ahead of the comparable level of 81% last year and the 5-year average of 77%. The breakdown showed that 96% of the robusta harvest and 76% of the arabica harvest were complete as of July 23. In related news, Brazil's Cooxupe coffee co-op announced Tuesday that its harvest among its members was 59% complete as of July 18. Cooxupe is Brazil's largest coffee cooperative and Brazil's largest exporter group.
