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Rich Asplund

HISTORICAL FACTS: Coffee prices consolidate after this week s surge - Caught on Camera

Ice Brazil USDA Vietnam Volcafe International Coffee Organization

March arabica coffee (KCH25) today is up +1.30 (+0.41%), and January ICE robusta coffee (RMF25) is up +36 (+0.70%).

Coffee prices today are moderately higher as they consolidate this week's sharp rally.  On Tuesday, Mar arabica posted a contract high, and the Dec nearest-futures contract (Z24) posted a record high.  Also, robusta coffee rose to a 1-week high.  The outlook for a smaller coffee crop in Brazil sent prices soaring this week after Volcafe on Tuesday cut its 2025/26 Brazil arabica coffee production estimate to 34.4 million bags, down by about 11 million bags from a September estimate after a crop tour revealed the severity of an extended drought in Brazil.  Volcafe also projects a global 2025/26 arabica coffee deficit of 8.5 million bags, wider than the 5.5 million bag deficit for 2024/25 and the fifth consecutive year of deficits.

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