The Latest Breaking News from Rabobank

Coffee Prices Close Lower on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Tuesday closed down -1.15 (-0.71%), and Sep ICE robusta coffee (RMU23 ) closed down -21 (-0.79%). Coffee prices Tuesday settled moderately lower. Drier conditions in Brazil that speed up the country's coffee harvest are bearish for prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart · Jul 25, 2023

Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -0.70 (-0.43%), and Sep ICE robusta coffee (RMU23 ) is down -19 (-0.72%). Coffee prices this morning are moderately lower. Drier conditions in Brazil may speed up the country's coffee harvest and are bearish for prices. Somar Meteorologia reported Monday that...

Barchart · Jul 25, 2023

Coffee Settles Moderately Higher on Brazilian Real Strength and Tight Supplies

Sep arabica coffee (KCU23 ) on Monday closed up +1.15 (+0.71%), and Sep ICE robusta coffee (RMU23 ) closed up +47 (+1.81%). Coffee prices Monday rallied to 3-1/2 week highs and closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real Monday jumped to...

Barchart · Jul 24, 2023

Arabica Coffee Closes Higher on Supply Concerns

Sep arabica coffee (KCU23 ) on Thursday closed up +2.55 (+1.64%), and Sep ICE robusta coffee (RMU23 ) closed down -68 (-2.61%). Coffee prices on Thursday settled mixed. Arabica has support from recent heavy rain in Brazil's Minas Gerais region that may delay the country’s coffee harvest. Somar Meteorologia reported...

Barchart · Jul 20, 2023

Arabica Coffee Gains as Rain May Slow Brazil's Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.70 (+1.09%), and Sep ICE robusta coffee (RMU23 ) is down -66 (-2.53%). Coffee prices this morning are mixed. Arabica is climbing today as recent heavy rain in Brazil's Minas Gerais region may slow the country’s coffee harvest. Somar Meteorologia reported...

Barchart · Jul 20, 2023

Arabica Coffee Moderately Lower as Brazil's Harvest Picks Up

Sep arabica coffee (KCU23 ) on Wednesday closed down -0.80 (-0.51%), and Sep ICE robusta coffee (RMU23 ) closed up +72 (+2.84%). Coffee prices on Wednesday settled mixed, with arabica falling to a 5-3/4 month nearest-futures (N23) low and robusta climbing to a 1-week high. Arabica was under pressure Wednesday...

Barchart · Jul 19, 2023

Arabica Coffee Under Pressure as Brazil's Harvest Speeds Up

Sep arabica coffee (KCU23 ) this morning is down -0.85 (-0.54%), and Sep ICE robusta coffee (RMU23 ) is up +67 (+2.65%). Coffee prices this morning are mixed, with arabica falling to a 5-3/4 month nearest-futures (N23) low and robusta climbing to a 1-week high. Arabica is under pressure today...

Barchart · Jul 19, 2023

Arabica Coffee Closes Higher as Heavy Brazil Rains May Delay the Harvest

Sep arabica coffee (KCU23 ) on Tuesday closed up +0.50 (+0.32%), and Sep ICE robusta coffee (RMU23 ) closed down -20 (-0.78%). Coffee prices on Tuesday settled mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart · Jul 18, 2023

Arabica Coffee Higher on Concern Heavy Rain Will Slow the Brazil Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.40 (+0.90%), and Sep ICE robusta coffee (RMU23 ) is down -18 (-0.71%). Coffee prices this morning are mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart · Jul 18, 2023

Coffee Prices Settle Mixed as Robusta Climbs on Tight Supplies

Sep arabica coffee (KCU23 ) on Monday closed down -5.00 (-3.11%), and Sep ICE robusta coffee (RMU23 ) closed up +12 (+0.47%). Coffee prices Monday settled mixed. Early strength in the dollar Monday (DXY00) weighed on coffee prices. However, robusta coffee recovered early losses and moved higher on tight supplies...

Barchart · Jul 17, 2023