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The Latest Breaking News from the US Climate Prediction Center

Coffee Prices Fall Sharply on Technicals

July arabica coffee (KCN23 ) today is down -4.45 (-2.63%), and July ICE robusta coffee (RMN23 ) is down -4.45 (-2.63%). NY arabica coffee today fell to a new 5-month low, while July robusta fell back from Tuesday's new record high (data since 2008). Arabica coffee is seeing technical selling...

Robusta Coffee Rallies to Another Record High

Robusta Coffee Rallies to Another Record High

July arabica coffee (KCN23 ) today is up +1.40 (+0.83%), and July ICE robusta coffee (RMN23 ) is up +29 (+1.00%). NY arabica coffee today matched March's 5-month low, but then recovered for a moderate gain. Meanwhile, July robusta today rallied to post a new record high (data since 2008)...

Arabica Coffee Prices Remain Weak But Robusta Rallies to Record

Arabica Coffee Prices Remain Weak But Robusta Rallies to Record

July arabica coffee (KCN23 ) today is down -1.55 (-0.92%), while July ICE robusta coffee (RMN23 ) is up +120 (+4.38%). NY arabica coffee today remains weak and matched last Friday's 3-month low. However, July robusta today rallied sharply to post a new record high (data since 2008) on the...

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Coffee Prices Fall on Economic Gloom and Favorable Brazilian Weather

July arabica coffee (KCN23 ) today is down -2.80 (-1.63%), and July ICE robusta coffee (RMN23 ) is down -42 (-1.50%). NY arabica coffee today extended this week's sell-off to a 3-month low, while robusta remains above Wednesday's 1-1/2 week low. Coffee prices are being undercut by global economic gloom...

Arabica Coffee Prices Remain Weak on Favorable Brazilian Weather

July arabica coffee (KCN23 ) today are down -0.40 (-0.23%), and July ICE robusta coffee (RMN23 ) is up +14 (+0.51%). Coffee prices have stabilized today after the plunge seen on Tuesday and Wednesday. NY arabica coffee on Wednesday fell to a 2-3/4 month low and is mildly lower today....

Coffee Prices Fall Sharply on Favorable Brazilian Weather

July arabica coffee (KCN23 ) Wednesday closed down -5.45 (-3.07%), and July ICE robusta coffee (RMN23 ) closed down -48 (-1.71%). Coffee prices plunged for the second straight session on forecasts for favorable weather in Brazil that eased frost fears and would allow farmers to continue the country's coffee harvest....

Arabica Coffee Sharply Lower on Brazil Harvest Pressures and Technical Selling

July arabica coffee (KCN23 ) today is down -8.50 (-4.79%), and July ICE robusta coffee (RMN23 ) is down -60 (-2.14%). Coffee prices have plunged for the second straight day on forecasts for favorable weather in Brazil that will allow farmers to continue the country's coffee harvest. Heavy rains last...

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Arabica Coffee Sharply Lower on Brazil Harvest Pressures and Technical Selling

Arabica Coffee Sharply Lower on Brazil Harvest Pressures and Technical Selling

July arabica coffee (KCN23 ) on Tuesday closed down -7.45 (-4.03%), and July ICE robusta coffee (RMN23 ) closed down -26 (-0.92%). Coffee prices Tuesday sold off sharply, with arabica dropping to a 2-1/2 week low. Forecasts for favorable weather in Brazil that will allow farmers to finish the country's...

Arabica Coffee Sinks on Brazil Harvest Pressures and Technical Selling

Arabica Coffee Sinks on Brazil Harvest Pressures and Technical Selling

July arabica coffee (KCN23 ) this morning is down -8.20 (-4.43%), and July ICE robusta coffee (RMN23 ) is down -33 (-1.16%). Coffee prices this morning are sharply lower, with arabica dropping to a 2-1/2 week low. Forecasts for favorable weather in Brazil that will allow farmers to finish the...

Coffee Prices Retreat as Coffee Makers Delay Brazilian Bean Purchases

Coffee Prices Retreat as Coffee Makers Delay Brazilian Bean Purchases

July arabica coffee (KCN23 ) on Friday closed down -2.10 (-1.12%), and July ICE robusta coffee (RMN23 ) closed down -8 (-0.29%). Coffee prices Friday closed moderately lower, with robusta falling back from a record high (data from 2008). A recovery in the dollar Friday sparked long liquidation pressures in...

Coffee Prices Slip as Coffee Buyers Delay Brazilian Bean Purchases

Coffee Prices Slip as Coffee Buyers Delay Brazilian Bean Purchases

July arabica coffee (KCN23 ) this morning is down -2.35 (-1.26%), and July ICE robusta coffee (RMN23 ) is down -17 (-0.61%). Coffee prices this morning are moderately lower, with robusta falling back from a record high (data from 2008). A recovery in the dollar today sparked long liquidation pressures...

Coffee Prices Gain on Brazilian Real Strength and Tight Supplies

Coffee Prices Gain on Brazilian Real Strength and Tight Supplies

July arabica coffee (KCN23 ) on Thursday closed up +2.60 (+1.41%), and July ICE robusta coffee (RMN23 ) closed up +79 (+2.90%). Coffee prices Thursday rose sharply, with robusta posting a record high (data from 2008). Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the...

Robusta Coffee Soars to a Record High on Strong Demand and Tight Supplies

Robusta Coffee Soars to a Record High on Strong Demand and Tight Supplies

July arabica coffee (KCN23 ) this morning is up +2.70 (+1.46%), and July ICE robusta coffee (RMN23 ) is up +84 (+3.08%). Coffee prices this morning are moderately higher, with robusta posting a record high (data from 2008). Robusta has support from increased demand from roasters who are substituting arabica...

Coffee Prices Higher as Brazilian Real Rallies to 1-year High

Coffee Prices Higher as Brazilian Real Rallies to 1-year High

July arabica coffee (KCN23 ) on Wednesday closed up +1.65 (+0.90%), and July ICE robusta coffee (RMN23 ) closed up +12 (+0.44%). Coffee prices Wednesday posted moderate gains. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices after the real Wednesday rallied to a new 1-year high...

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Coffee Prices Climb on Strength in the Brazilian Real

July arabica coffee (KCN23 ) this morning is up +0.65 (+0.36%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices this morning are steady to slightly higher. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices after the real today rallied to a new 1-year...

Arabica Coffee Closes Moderately Lower on Brazil Coffee Harvest Pressures

July arabica coffee (KCN23 ) on Tuesday closed down -2.80 (-1.51%), and July ICE robusta coffee (RMN23 ) closed up +7 (+0.26%). Coffee prices Tuesday settled mixed. Arabica coffee retreated Tuesday on favorable weather conditions in Brazil, which should speed up the pace of the country's coffee harvest. Somar Meteorologia...

Favorable Brazil Harvest Weather Weighs on Arabica Coffee Prices

July arabica coffee (KCN23 ) this morning is down -2.90 (-1.56%), and July ICE robusta coffee (RMN23 ) is unchanged. Coffee prices this morning are mixed, with arabica moderately lower and robusta unchanged. Arabica coffee is under pressure on favorable weather conditions in Brazil, which should speed up the pace...

Coffee Prices Post Moderate Losses as Dryness in Brazil Benefits the Coffee Harvest

July arabica coffee (KCN23 ) on Monday closed down -5.10 (-2.68%), and July ICE robusta coffee (RMN23 ) closed down -22 (-0.81%). Coffee prices Monday closed sharply lower on dry conditions in Brazil that are allowing the pace of the country's coffee harvest to pick up. Somar Meteorologia reported Monday...

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Coffee Prices Slide as Dry Conditions in Brazil Benefit the Coffee Harvest

July arabica coffee (KCN23 ) this morning is down -5.40 (-2.83%), and July ICE robusta coffee (RMN23 ) is down -20 (-0.73%). Coffee prices this morning are moderately lower on dry conditions in Brazil that are allowing the pace of the country's coffee harvest to pick up. Somar Meteorologia reported...

Coffee Prices Close Lower as Stronger Dollar Sparks Long Liquidation

July arabica coffee (KCN23 ) on Friday closed down -4.20 (-2.16%), and July ICE robusta coffee (RMN23 ) closed down -32 (-1.16%). Coffee prices Friday gave up an early advance and closed moderately lower as a stronger dollar sparked long liquidation in coffee futures. Early Friday, arabica posted a 3-week...

Coffee Prices Fall Back as Stronger Dollar Sparks Long Liquidation

July arabica coffee (KCN23 ) this morning is down -3.40 (-1.74%), and July ICE robusta coffee (RMN23 ) is down -37 (-1.34%). Coffee prices Friday gave up an early advance and are moderately lower as a stronger dollar sparked long liquidation in coffee futures. Early Friday, arabica posted a 3-week...

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