On August 22, coffee prices closed mixed; December arabica coffee fell by 1.44% to $5.45, while November ICE robusta coffee rose by 0.86% (+$0.40). Brazil’s Cooxupe coffee co-op reported an arabica harvest completion of 91.3%, while Safras & Mercado noted a 99% completion rate for Brazil’s overall 2025/26 coffee harvest, surpassing last year’s 98% yield. Inventory declines contributed to mixed price movements, with ICE robusta inventories at a one-month low of 6,614 lots and ICE arabica inventories at a 1.25-year low of 717,113 bags.
Concerns regarding Brazil’s weather negatively impacted arabica prices, following reports of no rain in the Minas Gerais region for the week ending August 23. Additionally, tighter U.S. coffee supply, exacerbated by a 50% tariff on Brazilian coffee imports, limited new purchase contracts from American buyers. Brazil’s July coffee exports fell 20.4% year-over-year to 161,000 metric tons, further strengthening coffee prices amid ongoing market uncertainties.
