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Barchart
Barchart
Rich Asplund

NY Coffee Prices Climb as Conab Cuts its Brazil Coffee Production Forecast

Ice Brazil Conab Cecafe United States Vietnam FAs

December arabica coffee (KCZ25) on Thursday closed up +0.75 (+0.20%), and November ICE robusta coffee (RMX25) closed down -40 (-0.90%).

Coffee prices found support Thursday after Conab, Brazil's crop forecasting agency, cut its Brazil 2025 arabica coffee crop estimate by -4.9% to 35.2 million bags from a May forecast of 37.0 million bags.  Conab also cut its total Brazil 2025 coffee production estimate by -0.9% to 55.2 million bags from a May estimate of 55.7 million bags.

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