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Barchart
Barchart
Rich Asplund

Coffee Prices Slump on Robust Global Supplies

March arabica coffee (KCH26) today is down -8.40 (-2.72%), and March ICE robusta coffee (RMH26) is down -98 (-2.56%).

Coffee prices extended their week-long plunge today, with arabica falling to a 6-month low on Thursday and robusta dropping to a 5.75-month low.  Coffee prices have been under pressure over the past week on signs of robust coffee supplies.  Conab, Brazil's crop forecasting agency, said Thursday that Brazil's 2026 coffee production will climb +17.2% y/y to a record 66.2 million bags, with arabica production up +23.2% y/y to 44.1 million bags and robusta production up +6.3% y/y to 22.1 million bags.

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