The Latest Breaking News from the US Climate Prediction Center

Coffee Prices Continue the Sharp Sell-off

July arabica coffee (KCN23 ) today are down -2.65 (-1.60%), and July ICE robusta coffee (RMN23 ) is down -43 (-1.53%). NY arabica coffee today fell to another new 5-month low, while July robusta continued to fall back from Tuesday's new record high (data since 2008). Arabica coffee is seeing...

Barchart · Jun 29, 2023

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...

Barchart · Jun 28, 2023

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)...

Barchart · Jun 27, 2023

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...

Barchart · Jun 21, 2023

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...

Barchart · Jun 20, 2023

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...

Barchart · Jun 20, 2023

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...

Barchart · Jun 16, 2023

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...

Barchart · Jun 16, 2023

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...

Barchart · Jun 15, 2023

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...

Barchart · Jun 15, 2023