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Rich Asplund

THE TRUTH ABOUT: Coffee prices plummet as global supply outlook improves | History Defined

Ice Brazil FAs

March arabica coffee (KCH26) on Tuesday closed down -15.45 (-5.15%), and March ICE robusta coffee (RMH26) closed down -171 (-4.44%).

Coffee prices plummeted on Tuesday, with arabica posting a 7.25-month low and robusta posting a 6-month low.  Coffee prices have been under pressure over the past 3 weeks amid signs of a bumper Brazilian coffee crop.  On February 5, Conab, Brazil's crop forecasting agency, said that Brazil's 2026 coffee production will climb by +17.2% y/y to a record 66.2 million bags, with arabica production up +23.2% y/y to 44.1 million bags and robusta production up +6.3% y/y to 22.1 million bags.

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