September arabica coffee (KCU26) today is up +29.30 (+9.73%), and September ICE robusta coffee (RMU26) is up +208 (+5.50%).
Coffee prices are soaring today, hitting 5-month highs amid a delayed coffee harvest in Brazil. Safras & Mercado reported today that Brazil’s 2026/27 coffee harvest is 52% complete as of July 1, behind last year’s comparable level of 60% and the five-year average of 55%. Gains in coffee accelerated today after meteorologist Rural Clima said rain is forecast for a large part of Brazil in the middle of July, which could be “detrimental” to crops, including coffee.