The Latest Breaking News from Cecafe

Coffee Prices Post 1-Week Highs on Global Crop Concerns

December arabica coffee (KCZ24 ) today is up +1.50 (+0.56%), and November ICE robusta coffee (RMX24 ) is up +124 (+2.33%). Coffee prices today extended this week's rally to 1-week highs on concern that adverse weather in key coffee-producing countries may curb coffee production. Brazil has been facing the driest...

Barchart · Sep 25, 2024

Coffee Closes Higher on Adverse Global Weather Events

December arabica coffee (KCZ24 ) Tuesday closed up +4.15 (+1.57%), and November ICE robusta coffee (RMX24 ) closed up +36 (+0.68%). Coffee prices on Tuesday extended Monday's sharp rally and posted 1-week highs. Concern that adverse weather in key coffee-producing countries may curb coffee production is bullish for prices. Brazil...

Barchart · Sep 24, 2024

Concerns About Global Coffee Production Are Supporting Prices

December arabica coffee (KCZ24 ) today is up +5.10 (+1.93%), and November ICE robusta coffee (RMX24 ) is up +54 (+1.02%). Coffee prices today extended Monday's sharp rally and posted 1-week highs. Concern that adverse weather in key coffee-producing countries may curb coffee production is bullish for prices. Brazil has...

Barchart · Sep 24, 2024

Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil

December arabica coffee (KCZ24 ) Thursday closed down -2.75 (-1.04%), and November ICE robusta coffee (RMX24 ) closed down -86 (-1.61%). Coffee prices retreated Thursday as forecasts for rain in Brazil sparked long liquidation coffee futures. Thursday's two-week Global Forecast System model showed rain is expected for Brazil's coffee-growing regions...

Barchart · Sep 19, 2024

Coffee Prices Retreat on Forecasts for Rain in Brazil

December arabica coffee (KCZ24 ) today is down -1.85 (-0.70%), and November ICE robusta coffee (RMX24 ) is down -72 (-1.35%). Coffee prices are moving lower today as forecasts for rain in Brazil sparked long liquidation coffee futures. Today's two-week Global Forecast System model showed rain is expected for Brazil's...

Barchart · Sep 19, 2024

Coffee Prices Supported by Dry Conditions in Brazil

December arabica coffee (KCZ24 ) Wednesday closed down -0.10 (-0.04%), and November ICE robusta coffee (RMX24 ) closed up +31 (+0.58%). Coffee prices Wednesday settled mixed. Arabica coffee prices came under slight pressure Wednesday after Rabobank projected that global 2024/25 coffee production would climb by +2.2% y/y to 174 million...

Barchart · Sep 18, 2024

Arabica Coffee Slips as Rabobank Projects a Global Surplus

December arabica coffee (KCZ24 ) today is down -1.35 (-0.51%), and November ICE robusta coffee (RMX24 ) is up +7 (+0.13%). Coffee prices today are mixed. Arabica coffee prices came under pressure today after Rabobank projected that global 2024/25 coffee production will climb by +2.2% y/y to 174 million bags,...

Barchart · Sep 18, 2024

Coffee Prices Post Moderate Gains on Forecasts for Hot and Dry Weather in Brazil

December arabica coffee (KCZ24 ) Tuesday closed up +5.95 (+2.30%), and November ICE robusta coffee (RMX24 ) closed up +57 (+1.09%). Coffee prices Tuesday recovered from early losses and settled moderately higher, just below Monday's major highs. Coffee rallied Tuesday after updated weather forecasts from Climatempo said most of this...

Barchart · Sep 17, 2024

Coffee Prices Underpinned by Forecasts for Hot and Dry Weather in Brazil

December arabica coffee (KCZ24 ) today is up +6.00 (+2.32%), and November ICE robusta coffee (RMX24 ) is up +56 (+1.07%). Coffee prices today recovered from early losses and are moderately higher, just below Monday's major highs. Coffee rallied today after updated weather forecasts from Climatempo said most of this...

Barchart · Sep 17, 2024

Coffee Gives Up Early Gains and Closes Lower on Long Liquidation Pressures

December arabica coffee (KCZ24 ) Monday closed down -0.90 (-0.35%), and November ICE robusta coffee (RMX24 ) closed down -21 (-0.40%). Coffee prices Monday gave up an early advance and posted moderate losses. Early Monday, Dec arabica and Nov robusta posted contract highs, while nearest-futures (U24) robusta posted a new...

Barchart · Sep 16, 2024