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Barchart
Barchart
Rich Asplund

Improved Brazil Coffee Crop Prospects Weigh on Prices

May arabica coffee (KCK26) today is down -8.10 (-2.84%), and May ICE robusta coffee (RMK26) is down -37 (-1.03%).

Coffee prices are falling sharply today, with robusta tumbling to a 6.5-month low.  Coffee prices have been under pressure over the past month, with arabica falling to a 15-month low last Thursday as signs of a bumper Brazilian coffee crop have improved the global supply outlook.  On February 5, Conab, Brazil's crop forecasting agency, said that Brazil's 2026 coffee production will climb by +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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