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Barchart
Barchart
Rich Asplund

REVEALED: Below normal rain in brazil boosts coffee prices - The Real Truth

December arabica coffee (KCZ24) today is up +7.50 (+2.98%), and November ICE robusta coffee (RMX24) is up +82 (+1.70%).

Coffee prices today are climbing, with arabica coffee posting a 1-1/2 week high.   Excessive dryness in Brazil may curb coffee yields and is supportive for prices.  Rainfall in Brazil has consistently been below average since April, damaging coffee trees during the all-important flowering stage and reducing the prospects for Brazil's 2025/26 arabica coffee crop.  Somar Meteorologia reported today that Brazil's Minas Gerais region received 33.4 mm of rain over the past week, or 99% of the historical average.  Minas Gerais accounts for about 30% of Brazil's arabica crop.

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