The Latest Breaking News from USDA FAS

Coffee Prices Gain on Tight Global Supplies

Dec arabica coffee (KCZ23 ) this morning is up +3.05 (+2.09%), and Nov ICE robusta coffee (RMX23 ) is up +6 (+0.24%). Coffee prices this morning are moderately higher on tight global coffee supplies. The International Coffee Organization (ICO) reported on September 14 that global coffee exports during Oct-Jul were...

Barchart · Oct 2, 2023

Coffee Prices Fall as Rain Boosts Brazil's Coffee Crop Prospects

Dec arabica coffee (KCZ23 ) on Friday closed down -1.05 (-0.71%), and Nov ICE robusta coffee (RMX23 ) closed down -7 (-0.28%). Coffee prices Friday settled moderately lower, with arabica posting an 8-1/2 month nearest-futures low. Forecasts for rain this week and next in Brazil's coffee-growing areas are weighing on...

Barchart · Sep 29, 2023

Arabica Coffee Slumps as Rain Boosts Brazil's Coffee Crop Prospects

Dec arabica coffee (KCZ23 ) this morning is down -0.50 (-0.34%), and Nov ICE robusta coffee (RMX23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with arabica falling to an 8-1/2 month nearest-futures low. Forecasts for rain this week and next in Brazil's coffee-growing areas are weighing...

Barchart · Sep 29, 2023

Coffee Prices Settle Higher on Dry Conditions in Brazil

Dec arabica coffee (KCZ23 ) on Tuesday closed up +2.05 (+1.38%), and Nov ICE robusta coffee (RMX23 ) closed up +13 (+0.53%). Coffee prices Tuesday closed moderately higher on concerns that excessive dryness in Brazil will hamper the country's coffee production. Updated weather forecasts removed rain for Brazil this week....

Barchart · Sep 26, 2023

Coffee Prices Push Higher on Dry Conditions in Brazil

Dec arabica coffee (KCZ23 ) this morning is up +1.60 (+1.08%), and Nov ICE robusta coffee (RMX23 ) is up +5 (+0.20%). Coffee prices this morning are moderately higher on concerns that excessive dryness in Brazil will hamper the country's coffee production. Updated weather forecasts removed rain chances for Brazil...

Barchart · Sep 26, 2023

Coffee Prices Close Lower on Brazilian Real Weakness

Dec arabica coffee (KCZ23 ) on Monday closed down -2.35 (-1.55%), and Nov ICE robusta coffee (RMX23 ) closed down -18 (-0.73%). Coffee prices Monday posted moderate losses, with arabica falling to a 2-week low due to weakness in the Brazilian real. The real (^USDBRL ) Monday fell to a...

Barchart · Sep 25, 2023

Coffee Prices Drop on Weakness in the Brazilian Real

Dec arabica coffee (KCZ23 ) this morning is down -2.30 (-1.52%), and Nov ICE robusta coffee (RMX23 ) is down -11 (-0.45%). Coffee prices this morning are under pressure, with arabica falling to a 2-week low due to weakness in the Bazilian real. The real (^USDBRL ) today fell to...

Barchart · Sep 25, 2023

Forecasts for Rain in Brazil Weigh on Coffee Prices

Dec arabica coffee (KCZ23 ) on Friday closed down -3.70 (-2.39%), and Nov ICE robusta coffee (RMX23 ) closed down -3 (-0.12%). Coffee prices Friday posted moderate losses, with arabica falling to a 1-week low. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee...

Barchart · Sep 22, 2023

Arabica Coffee Prices Fall Back on Forecasts for Rain in Brazil

Dec arabica coffee (KCZ23 ) this morning is down -4.10 (-2.65%), and Nov ICE robusta coffee (RMX23 ) is up +2 (+0.08%). Coffee prices this morning are mixed, with arabica falling to a 1-week low. Forecasts for rain in Brazil have eased drought concerns and sparked long liquidation in coffee...

Barchart · Sep 22, 2023

Coffee Prices Retreat as Sentiment Sours Toward Risk Assets

Dec arabica coffee (KCZ23 ) on Thursday closed down -3.35 (-2.12%), and Nov ICE robusta coffee (RMX23 ) closed down -44 (-1.75%). Coffee prices retreated Thursday on a broader selloff in risk assets after the Federal Reserve signaled higher interest rates for longer following Wednesday's FOMC meeting. Weakness in the...

Barchart · Sep 21, 2023