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Rich Asplund

Coffee Prices Underpinned by Brazil Crop Concerns

Ice Brazil United States USDA Vietnam Conab Rabobank Vietnam National Statistics Office Volcafe

July arabica coffee (KCN25) Thursday closed up +3.25 (+0.85%), and July ICE robusta coffee (RMN25) closed up +26 (+0.50%).

Coffee prices settled moderately higher on Thursday and are consolidating below last week's highs. Last Tuesday, arabica coffee rose to a 2-1/2 month high, and robusta posted a 5-week high on concern about a smaller Brazilian coffee crop. On April 22, Rabobank predicted Brazil's 2025/26 arabica coffee crop would fall -13.6% y/y to 38.1 million bags, citing dry weather in key arabica-growing areas that significantly reduced flowering of coffee trees. On April 9, Cecafe reported that Brazil's March green coffee exports fell -26% y/y to 2.95 million bags.

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