On Monday, September arabica coffee (KCU26) dropped by 12.60 cents, or 3.79%, while September ICE robusta coffee (RMU26) slightly increased by 4 cents, or 0.11%. Arabica prices fell as drier conditions in Brazil are anticipated to expedite the coffee harvest, with Somar Meteorologia reporting no rainfall in Minas Gerais, Brazil’s primary coffee region, during the week ending August 2.
As of July 24, the coffee harvest among Cooxupe co-op members was 58.3% complete, down from 67% the previous year. The USDA forecasts global coffee production in the 2026-27 season will rise by 6.0% to 189.7 million bags, mainly due to better growing conditions in Brazil, with arabica production expected to increase by 12% year-over-year.
On the other hand, robusta coffee prices faced downward pressure from rising stocks. ICE robusta inventories peaked at a 4.25-month high of 4,254 lots on July 22, decreasing slightly to 4,213 lots on Monday. Meanwhile, Vietnam’s coffee exports from January to July 2026 surged by 21.1% year-over-year to 1.31 million metric tons, contributing to the bearish outlook for robusta prices.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
