The Latest Breaking News from the US Climate Prediction Center

Coffee Prices Close Lower as Supply Concerns Temporarily Ease

Dec arabica coffee (KCZ23 ) on Wednesday closed down -2.75 (-1.71%), and Nov ICE robusta coffee (RMX23 ) closed down -32 (-1.26%). Coffee prices on Wednesday posted moderate losses. Arabica prices came under pressure Wednesday after Conab, Brazil's crop forecasting agency, raised its 2023 Brazil arabica coffee crop estimate to...

Barchart · Sep 20, 2023

NY Coffee Prices Higher on Forecasts for Hot and Dry Brazilian Weather

Dec arabica coffee (KCZ23 ) today is up +1.85 (+1.16%) after posting a new 1-1/2 month high, while Nov ICE robusta coffee (RMX23 ) is down -1 (-0.04%). Coffee prices continue to see support from forecasts for hot and dry weather this week in Brazil's central and southeast areas. Also,...

Barchart · Sep 19, 2023

Coffee Prices Higher on Forecasts for Hot and Dry Brazilian Weather

Dec arabica coffee (KCZ23 ) today is up +0.60 (+0.38%), and Nov ICE robusta coffee (RMX23 ) is up +35 (+1.37%). Coffee prices are higher today on forecasts for hot and dry weather this week in Brazil's central and southeast areas. Also, strength in the Brazilian real (^USDBRL) is bullish...

Barchart · Sep 18, 2023

Arabica Coffee Slips on Brazil Harvest Pressures While Tight Supplies Boost Robusta

Dec arabica coffee (KCZ23 ) on Wednesday closed down -0.05 (-0.03%), and Nov ICE robusta coffee (RMX23 ) closed up +49 (+2.02%). Coffee prices Wednesday settled mixed, with robusta coffee climbing to a 1-week high. Arabica coffee was under pressure Wednesday from Brazil harvest pressures. Losses were limited as Wednesday's...

Barchart · Sep 13, 2023

Coffee Prices Firm on Strength in the Brazilian Real

Dec arabica coffee (KCZ23 ) this morning is up +0.05 (+0.03%), and Nov ICE robusta coffee (RMX23 ) is up +45 (+1.85%). Coffee prices this morning are moving higher, with robusta coffee climbing to a 1-week high. Today's rally in the Brazilian real (^USDBRL ) to a 1-1/2 week high...

Barchart · Sep 13, 2023

Coffee Prices Fall Back on Dollar Strength

Dec arabica coffee (KCZ23 ) on Tuesday closed down -0.85 (-0.56%), and Nov ICE robusta coffee (RMX23 ) closed down -9 (-0.37%). Coffee prices on Tuesday settled moderately lower, with robusta coffee falling to a 2-1/2 week low. A stronger dollar Tuesday weighed on coffee prices. Also, a slight rebound...

Barchart · Sep 12, 2023

Coffee Prices Under Pressure From a Stronger Dollar

Dec arabica coffee (KCZ23 ) this morning is down -1.25 (-0.82%), and Nov ICE robusta coffee (RMX23 ) is down -11 (-0.45%). Coffee prices this morning are moderately lower, with robusta coffee falling to a 2-1/2 week low. A stronger dollar today is weighing on coffee prices. Also, a slight...

Barchart · Sep 12, 2023

Coffee Prices Close Higher on Tightness in Global Supplies

Dec arabica coffee (KCZ23 ) on Monday closed up +4.20 (+2.83%), and Nov ICE robusta coffee (RMX23 ) closed up +32 (+1.33%). Coffee prices Monday moved sharply higher. Arabica recovered from a 3-week low Monday and rallied sharply on signs of tight supplies. ICE-monitored arabica coffee inventories on Monday dropped...

Barchart · Sep 11, 2023

Coffee Prices Push Higher on Tightness in Global Supplies

Dec arabica coffee (KCZ23 ) this morning is up +4.60 (+3.09%), and Nov ICE robusta coffee (RMX23 ) is up +40 (+1.66%). Coffee prices this morning are sharply higher. Arabica recovered from a 3-week low this morning and rallied sharply on signs of tight supplies. ICE-monitored arabica coffee inventories last...

Barchart · Sep 11, 2023

Coffee Prices Settle Mostly Lower on Brazil Harvest Pressures

Dec arabica coffee (KCZ23 ) on Friday closed down -1.15 (-0.77%), and Nov ICE robusta coffee (RMX23 ) closed unchanged. Coffee prices Friday mainly settled lower, with arabica posting a 2-week low. Harvest pressures are weighing on coffee prices as Brazil nears the end of its coffee harvest. The harvest...

Barchart · Sep 8, 2023