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Barchart
Barchart
Rich Asplund

HISTORICAL FACTS: Coffee prices soar on supply concerns | History Defined

Ice Brazil USDA Colombia Vietnam

September arabica coffee (KCU26) is up +11.80 (+3.49 %) today, and September ICE robusta coffee (RMU26) is up +95 (+2.62%).

Coffee prices are sharply higher today, with arabica soaring to a 6-week high amid the slow pace of Brazil's coffee harvest. Safras & Mercado reported last Friday that the Brazil 2026/27 coffee harvest was 90% completed as of August 12, behind 97% last year and the 5-year average of 94%. Brazil's arabica coffee harvest was 86% complete, behind last year's 95%. Meanwhile, the harvest among members of Cooxupe co-op was 74.6% complete as of August 7, behind last year's comparable figure of 80.4%, according to a report released last Wednesday.

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