Coffee Prices Climb As USDA Cuts Its 2022/23 Colombia Coffee Production ForecastDecember arabica coffee (KCZ22) this morning is up +3.10 (+1.97%), and Jan ICE robusta coffee (RMF23) is up +22 (+1.21%).
Coffee Prices See Support From Brazil WeatherDecember arabica coffee (KCZ22) on Monday closed up +6.20 (+4.10%), and Jan ICE robusta coffee (RMF23) closed up +1 (+0.06%).
Arabica Coffee Falls On Abundant Supplies And Brazilian Real WeaknessDecember arabica coffee (KCZ22) on Thursday closed down -2.75 (-1.77%), and Jan ICE Robusta coffee (RMF23) closed up +26 (+1.45%).
Brazil coffee defaults spike for second year in a rowBrazilian coffee farmers are defaulting on contracts for a second straight year, according to traders and lawyers representing the industry, failing to deliver on pre-agreed sales and exposing trade houses to losses.
NY Coffee Prices Fall On A Rebound In Arabica ICE InventoriesDecember arabica coffee (KCZ22) on Friday closed down -0.90 (-0.53%), and Jan ICE Robusta coffee (RMF23) closed up +9 (+0.49%).
Coffee Futures Bearish By 26% In The Last 21 Sessions Coffee (KC) has been up by 26.71% for the last 21 sessions. At 04:52 EST on Wednesday, 9 November, Coffee (KC) is $164.65.
Coffee Prices Retreat On The Outlook For Bumper Brazil 2023/24 Coffee CropDecember arabica coffee (KCZ22) on Monday closed down -5.20 (-2.96%), and Jan ICE Robusta coffee (RMF23) closed down -18 (-0.96%).
Coffee Climbs On Brazilian Real Strength And Reduced Colombia Coffee ExportsDecember arabica coffee (KCZ22) Friday closed up +3.55 (+2.06%), and Jan ICE Robusta coffee (RMF23) closed up +27 (+1.47%).
EXCLUSIVE Arabica coffee heads to ICE warehouses, putting pressure on pricesLarge volumes of arabica coffee are about to enter ICE exchange warehouses, traders with knowledge of the matter told Reuters, further weighing on global prices that have already hit one-year lows.
Robusta coffee hits 15-month low, arabica coffee down nearly 5%Robusta coffee futures on ICE slid to a 15-month low on Thursday as the harvest began in top robusta producer Vietnam, while arabica coffee prices fell nearly 5%.