The Latest Breaking News from the US Climate Prediction Center

Coffee Prices Slide as Drought Concerns Ease in Brazil

Dec arabica coffee (KCZ23 ) this morning is down -0.70 (-0.48%), and Nov ICE robusta coffee (RMX23 ) is down -28 (-1.19%). Coffee prices this morning are under pressure, with robusta dropping to a 6-month low. Coffee prices are being undercut today as above-average rainfall in Brazil has eased drought...

Barchart · Oct 9, 2023

Arabica Coffee Recovers Early Losses as the Brazilian Real Rebounds

Dec arabica coffee (KCZ23 ) on Friday closed up +0.65 (+0.45%), and Nov ICE robusta coffee (RMX23 ) closed down -19 (-0.80%). Coffee prices on Friday settled mixed, with robusta falling to a 5-3/4 month low. Arabica coffee on Friday recovered from an 8-3/4 month low and moved higher after...

Barchart · Oct 6, 2023

A Rebound in the Brazilian Real Sparks Short-Covering in Arabica Coffee

Dec arabica coffee (KCZ23 ) this morning is up +0.50 (+0.34%), and Nov ICE robusta coffee (RMX23 ) is down -20 (-0.84%). Coffee prices this morning are mixed, with robusta falling to a 5-3/4 month low. Arabica today recovered from an 8-3/4 month low after the Brazilian real (^USDBRL )...

Barchart · Oct 6, 2023

Rain in Brazil Weighs on Coffee Prices

Dec arabica coffee (KCZ23 ) on Tuesday closed down -0.35 (-0.23%), and Nov ICE robusta coffee (RMX23 ) closed down -51 (-2.07%). Coffee prices Tuesday posted moderate losses, with robusta falling to a 3-week low. Forecasts for rain in Brazil's coffee-growing regions have eased dryness concerns and sparked the selling...

Barchart · Oct 3, 2023

Coffee Prices Retreat on Rain Forecasts for Brazil

Dec arabica coffee (KCZ23 ) this morning is down -0.60 (-0.40%), and Nov ICE robusta coffee (RMX23 ) is down -49 (-1.99%). Coffee prices this morning are moderately lower, with robusta dropping to a 3-week low. Forecasts for rain in Brazil's coffee-growing regions have eased dryness concerns and sparked the...

Barchart · Oct 3, 2023

Tight Global Supplies Support Coffee Prices

Dec arabica coffee (KCZ23 ) on Monday closed up +2.95 (+2.01%), and Nov ICE robusta coffee (RMX23 ) closed down -1 (-0.04%). Coffee prices on Monday settled mixed. Tight global coffee supplies support prices after the International Coffee Organization (ICO) on September 14 reported that global coffee exports during Oct-Jul...

Barchart · Oct 2, 2023

Coffee Prices Gain on Tight Global Supplies

Dec arabica coffee (KCZ23 ) this morning is up +3.05 (+2.09%), and Nov ICE robusta coffee (RMX23 ) is up +6 (+0.24%). Coffee prices this morning are moderately higher on tight global coffee supplies. The International Coffee Organization (ICO) reported on September 14 that global coffee exports during Oct-Jul were...

Barchart · Oct 2, 2023

Coffee Prices Fall as Rain Boosts Brazil's Coffee Crop Prospects

Dec arabica coffee (KCZ23 ) on Friday closed down -1.05 (-0.71%), and Nov ICE robusta coffee (RMX23 ) closed down -7 (-0.28%). Coffee prices Friday settled moderately lower, with arabica posting an 8-1/2 month nearest-futures low. Forecasts for rain this week and next in Brazil's coffee-growing areas are weighing on...

Barchart · Sep 29, 2023

Arabica Coffee Slumps as Rain Boosts Brazil's Coffee Crop Prospects

Dec arabica coffee (KCZ23 ) this morning is down -0.50 (-0.34%), and Nov ICE robusta coffee (RMX23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with arabica falling to an 8-1/2 month nearest-futures low. Forecasts for rain this week and next in Brazil's coffee-growing areas are weighing...

Barchart · Sep 29, 2023

Arabica Coffee Posts Moderate Losses on Rain Forecasts for Brazil

Dec arabica coffee (KCZ23 ) on Thursday closed down -2.05 (-1.37%), and Nov ICE robusta coffee (RMX23 ) closed up +22 (+0.90%). Coffee prices Thursday settled mixed, with arabica falling to a 3-week nearest-futures low. Forecasts for rain this week and next in Brazil's coffee-growing areas are weighing on arabica...

Barchart · Sep 28, 2023