The Latest Breaking News from the USDA FAS

Coffee Prices Fall Sharply as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) Wednesday closed down -7.65 (-2.90%), and November ICE robusta coffee (RMX24 ) closed down -334 (-6.13%). Coffee prices Wednesday sold off sharply to 1-week lows after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is aimed at...

Barchart · Oct 2, 2024

Coffee Prices Plummet as EU Delays Anti-Deforestation Law

December arabica coffee (KCZ24 ) today is down -7.10 (-2.69%), and November ICE robusta coffee (RMX24 ) is down -300 (-5.51%). Coffee prices today plummeted to 1-week lows and are sharply lower after the European Commission postponed an anti-deforestation law. The legislation, scheduled to go into effect December 30, is...

Barchart · Oct 2, 2024

Coffee Prices Fall as Rain in Brazil Improves Coffee Crop Prospects

December arabica coffee (KCZ24 ) today is down -5.60 (-2.07%), and November ICE robusta coffee (RMX24 ) is down -76 (-1.38%). Coffee prices today are moderately lower, with arabica falling to a 1-week low. The Commodity Weather Group said today that showers in Brazil have boosted the flowering of coffee...

Barchart · Oct 1, 2024

Coffee Prices Finish Moderately Higher on Brazil Crop Concerns

December arabica coffee (KCZ24 ) Thursday closed up +4.80 (+1.78%), and November ICE robusta coffee (RMX24 ) closed up +81 (+1.49%). Coffee prices Thursday extended this week's sharp rally, with Dec arabica soaring to a 13-year nearest-futures high and Nov robusta climbing to a contract high. Adverse weather in key...

Barchart · Sep 26, 2024

Arabica Coffee Soars to a 13-Year High on Brazil Crop Concerns

December arabica coffee (KCZ24 ) today is up +4.45 (+1.65%), and November ICE robusta coffee (RMX24 ) is up +101 (+1.85%). Coffee prices today extended this week's sharp rally, with Dec arabica soaring to a 13-year nearest-futures high and Nov robusta climbing to a contract high. Adverse weather in key...

Barchart · Sep 26, 2024

Coffee Closes Moderately Higher on Global Crop Concerns

December arabica coffee (KCZ24 ) Wednesday closed up +1.30 (+0.49%), and November ICE robusta coffee (RMX24 ) closed up +134 (+2.52%). Coffee prices Wednesday extended this week's rally to 1-week highs on concern that adverse weather in key coffee-producing countries may curb coffee production. Brazil has been facing the driest...

Barchart · Sep 25, 2024

Coffee Prices Post 1-Week Highs on Global Crop Concerns

December arabica coffee (KCZ24 ) today is up +1.50 (+0.56%), and November ICE robusta coffee (RMX24 ) is up +124 (+2.33%). Coffee prices today extended this week's rally to 1-week highs on concern that adverse weather in key coffee-producing countries may curb coffee production. Brazil has been facing the driest...

Barchart · Sep 25, 2024

Coffee Closes Higher on Adverse Global Weather Events

December arabica coffee (KCZ24 ) Tuesday closed up +4.15 (+1.57%), and November ICE robusta coffee (RMX24 ) closed up +36 (+0.68%). Coffee prices on Tuesday extended Monday's sharp rally and posted 1-week highs. Concern that adverse weather in key coffee-producing countries may curb coffee production is bullish for prices. Brazil...

Barchart · Sep 24, 2024

Concerns About Global Coffee Production Are Supporting Prices

December arabica coffee (KCZ24 ) today is up +5.10 (+1.93%), and November ICE robusta coffee (RMX24 ) is up +54 (+1.02%). Coffee prices today extended Monday's sharp rally and posted 1-week highs. Concern that adverse weather in key coffee-producing countries may curb coffee production is bullish for prices. Brazil has...

Barchart · Sep 24, 2024

Coffee Prices Settle Sharply Higher on Weather Concerns in Key Producers

December arabica coffee (KCZ24 ) Monday closed up +12.90 (+5.14%), and November ICE robusta coffee (RMX24 ) closed up +217 (+4.29%). Coffee prices Monday rallied sharply due to concerns that adverse global weather in key coffee producers will lead to smaller coffee production. Brazil has been facing the driest weather...

Barchart · Sep 23, 2024