The Latest Breaking News from USDA FAS

Coffee Prices Gain as Inventories Tighten

Dec arabica coffee (KCZ23 ) on Wednesday closed up +1.00 (+0.64%), and Nov ICE robusta coffee (RMX23 ) closed up +12 (+0.50%). Coffee prices on Wednesday extended Tuesday's gains, with arabica climbing to a 4-week high and robusta rising to a 2-week high. Current coffee inventories are tight and supportive...

Barchart · Oct 18, 2023

Tight Coffee Inventories are Boosting Prices

Dec arabica coffee (KCZ23 ) this morning is up +1.30 (+0.83%), and Nov ICE robusta coffee (RMX23 ) is up +13 (+0.54%). Coffee prices this morning extended Tuesday's gains, with arabica climbing to a 4-week high and robusta climbing to a 2-week high. Current coffee inventories are tight and supportive...

Barchart · Oct 18, 2023

Coffee Prices End Higher on Brazilian Real Strength and Tight Supplies

Dec arabica coffee (KCZ23 ) on Tuesday closed up +2.90 (+1.88%), and Nov ICE robusta coffee (RMX23 ) closed up +16 (+0.67%). Coffee prices on Tuesday posted moderate gains, with arabica climbing to a 3-1/2 week high and robusta climbing to a 2-week high. Strength in the Brazilian real (^USDBRL...

Barchart · Oct 17, 2023

Coffee Prices Jump on a Tight Cash Market as Brazil Farmers Withhold Supplies

Dec arabica coffee (KCZ23 ) this morning is up +5.60 (+3.75%), and Nov ICE robusta coffee (RMX23 ) is up +32 (+1.36%). Coffee prices this morning are sharply higher, with arabica posting a 3-week high and robusta posting a 1-1/2 week high. A lack of Brazil’s coffee farmers selling coffee...

Barchart · Oct 13, 2023

Strength in the Brazilian Real Underpins Coffee Prices

Dec arabica coffee (KCZ23 ) on Thursday closed up +1.60 (+1.08%), and Nov ICE robusta coffee (RMX23 ) closed up +23 (+0.98%). Coffee prices Thursday settled moderately higher, with arabica climbing to a 1-week high. Wednesday's rally in the Brazilian real (^USDBRL ) to a 1-1/2 week high against the...

Barchart · Oct 12, 2023

Carryover Strength in the Brazilian Real Supports Coffee Prices

Dec arabica coffee (KCZ23 ) this morning is up +1.70 (+1.15%), and Nov ICE robusta coffee (RMX23 ) is up +18 (+0.77%). Coffee prices this morning are moderately higher, with arabica climbing to a 1-week high. Wednesday's rally in the Brazilian real (^USDBRL ) to a 1-1/2 week high against...

Barchart · Oct 12, 2023

Coffee Prices Rebound on Strength in the Brazilian Real

Dec arabica coffee (KCZ23 ) on Wednesday closed up +0.20 (+0.14%), and Nov ICE robusta coffee (RMX23 ) closed up +6 (+0.26%). Arabica coffee on Wednesday recovered from early losses and posted modest gains after the Brazilian real (^USDBRL ) rose to a 1-1/2 week high against the dollar, which...

Barchart · Oct 11, 2023

Arabica Coffee Lower on Demand Worries

Dec arabica coffee (KCZ23 ) this morning is down -0.40 (-0.27%), and Nov ICE robusta coffee (RMX23 ) is up +2 (+0.09%). Coffee prices this morning are mixed. Concerns about weak global demand for more expensive arabica coffee are undercutting prices after Cecafe reported that Brazil Sep arabica coffee exports...

Barchart · Oct 11, 2023

Coffee Prices Recover Early Losses on Brazilian Real Strength

Dec arabica coffee (KCZ23 ) on Tuesday closed up +1.45 (+0.99%), and Nov ICE robusta coffee (RMX23 ) closed up +6 (+0.26%). Coffee prices Tuesday recovered from early losses and settled moderately higher after a rally in the Brazilian real (^USDBRL ) to a 1-week high sparked short covering in...

Barchart · Oct 10, 2023

Coffee Prices Recover on Brazilian Real Strength

Dec arabica coffee (KCZ23 ) this morning is up +0.80 (+0.55%), and Nov ICE robusta coffee (RMX23 ) is up +4 (+0.17%). Coffee prices this morning recovered from early losses after a rally in the Brazilian real (^USDBRL ) to a 1-week high sparked short covering in coffee futures. A...

Barchart · Oct 10, 2023