The Latest Breaking News from the USDA FAS

Coffee Prices Surge as an El Nino Weather Pattern Develops

July arabica coffee (KCN23 ) this morning is up +9.00 (+4.85%), and July ICE robusta coffee (RMN23 ) is up +83 (+3.10%). Coffee prices this morning are sharply higher, with arabica posting a 3-week nearest-futures high and robusta posting a 2-week high. Fund buying fueled a surge in coffee prices...

Barchart · Jun 8, 2023

Coffee Settles Higher on Tight Supplies and Increased Robusta Demand from Roasters

July arabica coffee (KCN23 ) on Wednesday closed up +2.80 (+1.53%), and July ICE robusta coffee (RMN23 ) closed up +60 (+2.30%). Coffee prices Wednesday posted moderate gains, with robusta climbing to a 2-week high. A weaker dollar Wednesday (DXY00 ) was supportive of coffee prices. Smaller ICE arabica inventories...

Barchart · Jun 7, 2023

Robusta Coffee Rallies to a 2-Week High on Increased Demand from Roasters

July arabica coffee (KCN23 ) this morning is up +2.05 (+1.12%), and July ICE robusta coffee (RMN23 ) is up +57 (+1.87%). Coffee prices this morning are moderately higher, with robusta posting to a 2-week high. A weaker dollar today (DXY00 ) is supportive of coffee prices. Robusta is also...

Barchart · Jun 7, 2023

Coffee Posts Moderate Losses as Costa Rican Coffee Exports Jump

July arabica coffee (KCN23 ) on Friday closed down -2.75 (-1.50%), and July ICE robusta coffee (RMN23 ) closed down -30 (-1.15%). Coffee prices Friday gave up an early advance and turned lower on signs of bigger supplies from Central America. The Costa Rican Coffee Institute reported that Costa Rican...

Barchart · Jun 2, 2023

Coffee Prices Fall Back as Costa Rican Coffee Exports Jump

July arabica coffee (KCN23 ) this morning is down -2.90 (-1.58%), and July ICE robusta coffee (RMN23 ) is down -31 (-1.19%). Coffee prices this morning erased early gains and turned lower on signs of bigger supplies from Central America. The Costa Rican Coffee Institute reported that Costa Rican May...

Barchart · Jun 2, 2023

Coffee Prices Jump on Tighter Global Supplies and Dollar Weakness

July arabica coffee (KCN23 ) on Thursday closed up +4.40 (+2.46%), and July ICE robusta coffee (RMN23 ) closed up +49 (+1.92%). Coffee prices Thursday moved sharply higher, with robusta posting a 1-week high. Smaller ICE arabica inventories are boosting prices as ICE arabica coffee inventories have steadily declined over...

Barchart · Jun 1, 2023

Coffee Prices Rally on Tighter Global Supplies and Dollar Weakness

July arabica coffee (KCN23 ) this morning is up +4.80 (+2.69%), and July ICE robusta coffee (RMN23 ) is up +55 (+2.15%). Coffee prices today are sharply higher, with robusta posting a 1-week high. Smaller ICE arabica inventories are boosting prices as ICE arabica coffee inventories have steadily declined over...

Barchart · Jun 1, 2023

Arabica Coffee Posts Moderate Gains on Tight ICE Coffee Inventories

July arabica coffee (KCN23 ) on Wednesday closed up +1.55 (+0.88%), and July ICE robusta coffee (RMN23 ) closed down -6 (-0.23%). Coffee prices Wednesday settled mixed, with robusta falling to a 1-1/2 month low. Arabica rose Wednesday on smaller ICE inventories as ICE arabica coffee inventories have steadily declined...

Barchart · May 31, 2023

Arabica Coffee Moves Higher on Tight ICE Coffee Inventories

July arabica coffee (KCN23 ) this morning is up +1.55 (+0.88%), and July ICE robusta coffee (RMN23 ) is down -13 (-0.51%). Coffee prices this morning are mixed, with robusta falling to a 1-1/2 month low. Arabica is climbing today on smaller ICE inventories as ICE arabica coffee inventories have...

Barchart · May 31, 2023

Coffee Prices Retreat on Harvest Pressures and Brazil Real Weakness

July arabica coffee (KCN23 ) on Tuesday closed down -4.50 (-2.48%), and July ICE robusta coffee (RMN23 ) closed down -12 (-0.47%). Coffee prices Tuesday posted moderate losses, with arabica falling to a 1-1/2 month low. Harvest pressures in Brazil are undercutting arabica coffee prices as dry conditions allow the...

Barchart · May 30, 2023