The Latest Breaking News from the USDA FAS

Coffee Prices Mixed on Higher ICE Coffee Inventories and Brazilian Real Strength

July arabica coffee (KCN24 ) this morning is down -0.60 (-0.30%), and July ICE robusta coffee (RMN24 ) is up +2 (+0.06%). Coffee prices today are mixed. A rebound in ICE coffee inventories from historically low levels is undercutting prices. ICE-monitored robusta coffee inventories on February 21 fell to a...

Barchart · May 16, 2024

Coffee Prices Post Moderate Losses as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) on Wednesday closed down -1.45 (-0.72%), and July ICE robusta coffee (RMN24 ) closed down -31 (-0.90%). Coffee prices today posted moderate losses on a rebound in ICE coffee inventories from historically low levels. ICE-monitored robusta coffee inventories on February 21 fell to a record...

Barchart · May 15, 2024

Coffee Prices Recover Early Losses and Settle Higher on Dollar Weakness

July arabica coffee (KCN24 ) on Tuesday closed up +4.80 (+2.45%), and July ICE robusta coffee (RMN24 ) closed up +34 (+1.00%). Coffee prices Tuesday recovered from early losses and finished moderately higher as a decline in the dollar index (DXY00 ) to a 1-week low sparked some short covering...

Barchart · May 14, 2024

Insufficient Rain in Vietnam and Brazil Pushes Coffee Prices Higher

July arabica coffee (KCN24 ) this morning is up +2.60 (+1.32%), and July ICE robusta coffee (RMN24 ) is up +50 (+1.46%). Coffee prices this morning are moderately higher. Insufficient rainfall in Vietnam and Brazil may lead to lower coffee yields and is bullish for prices. The Buon Ma Thuot...

Barchart · May 9, 2024

Arabica Coffee Prices Slip as ICE Inventories Rebound

July arabica coffee (KCN24 ) this morning is down -0.50 (-0.25%), and July ICE robusta coffee (RMN24 ) is up +26 (+0.77%). Coffee prices this morning are mixed. Arabica coffee is under modest pressure today on a rebound in ICE coffee inventories after ICE-monitored arabica coffee inventories on Tuesday rose...

Barchart · May 8, 2024

Arabica Coffee Closes Lower as Global Supplies Rebound

July arabica coffee (KCN24 ) on Monday closed down -5.55 (-2.76%), and July ICE robusta coffee (RMN24 ) did not trade with markets in the UK closed Monday for the May Day holiday. Arabic coffee prices on Monday extended their two-week-long slide to a 1-month low. Coffee prices are weighed...

Barchart · May 6, 2024

Coffee Prices Under Pressure as Global Supplies Rebound

July arabica coffee (KCN24 ) this morning is down -5.10 (-2.54%), and July ICE robusta coffee (RMN24 ) is not trading today with markets in the UK closed for the May Day holiday. Arabic coffee prices today extended their two-week-long slide to a 1-month low. Coffee prices are weighed down...

Barchart · May 6, 2024

Coffee Prices Finish Sharply Lower as ICE Coffee Inventories Rebound

July arabica coffee (KCN24 ) on Thursday closed down -9.90 (-4.58%), and July ICE robusta coffee (RMN24 ) closed down -298 (-7.49%). Coffee prices Thursday sold off sharply to 3-week lows. A rebound in ICE coffee supplies has eased supply concerns and fueled long liquidation in coffee futures after ICE-monitored...

Barchart · May 2, 2024

A Recovery in ICE Inventories Fuels Long Liquidation in Coffee Futures

July arabica coffee (KCN24 ) this morning is down -10.60 (-4.91%), and July ICE robusta coffee (RMN24 ) is down -296 (-7.44%). Coffee prices this morning sold off sharply to 3-week lows. A rebound in ICE coffee supplies has eased supply concerns and fueled long liquidation in coffee futures after...

Barchart · May 2, 2024

Coffee Prices Settle Lower as ICE Inventories Rebound

July arabica coffee (KCN24 ) on Wednesday closed down -0.65 (-0.30%), and July ICE robusta coffee (RMN24 ) closed down -43 (-1.07%). Coffee prices Wednesday gave up early gains, dropped to new 2-week lows, and settled moderately lower. A rebound in ICE coffee supplies weighed on prices after ICE-monitored arabica...

Barchart · May 1, 2024