The Latest Breaking News from the USDA FAS

Coffee Closes Higher on Brazil Crop Concerns

March arabica coffee (KCH24 ) on Thursday closed up +1.95 (+1.03%), and Jan ICE robusta coffee (RMF24 ) closed up +23 (+0.82%). Coffee prices Thursday posted moderate gains, with arabica climbing to a 7-3/4 month high. Ongoing dry weather in Brazil risks damaging coffee crops and has boosted coffee prices....

Barchart · Dec 14, 2023

Dry Conditions in Brazil Underpin Coffee Prices

March arabica coffee (KCH24 ) this morning is up +2.00 (+1.06%), and Jan ICE robusta coffee (RMF24 ) is up +23 (+0.82%). Coffee prices this morning are moderately higher, with arabica climbing to a 7-3/4 month high. Ongoing dry weather in Brazil risks damaging coffee crops and has boosted coffee...

Barchart · Dec 14, 2023

Coffee Prices Extend This Week's Rally on Global Supply Concerns

March arabica coffee (KCH24 ) this morning is up +3.00 (+1.62%), and Jan ICE robusta coffee (RMF24 ) is up +46 (+1.67%). Coffee prices this morning extended this week's rally, with arabica posting a 7-3/4 month high and robusta posting a 4-1/2 month high. Dry weather in Brazil risks damaging...

Barchart · Dec 13, 2023

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....

Barchart · Jun 22, 2023

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....

Barchart · Jun 21, 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