EXPLAINED: 11 - The Real Truth

Coffee Prices Retreat as Global Coffee Exports Climb

December arabica coffee (KCZ24 ) today is down -6.05 (-2.48%), and November ICE robusta coffee (RMX24 ) is down -125 (-2.55%). Coffee prices today are under pressure, with arabica falling to a 3-week low. A jump in global coffee exports is weighing on prices today after the International Coffee Organization...

Barchart · Sep 6, 2024

Arabica Coffee Ends Sightly Higher on Dryness in Brazil

December arabica coffee (KCZ24 ) Thursday closed up +0.50 (+0.21%), and November ICE robusta coffee (RMX24 ) closed down -1 (-0.02%). Coffee prices Thursday settled mixed. Arabica prices rose slightly on coffee crop concerns in Brazil as weather forecasts call for a limited chance of rain in Brazil in the...

Barchart · Sep 5, 2024

Coffee Prices Supported by Forecasts for Limited Rain in Brazil

December arabica coffee (KCZ24 ) today is up +2.70 (+1.11%), and November ICE robusta coffee (RMX24 ) is up +23 (+0.47%). Coffee prices today are posting moderate gains on coffee crop concerns in Brazil as weather forecasts call for a limited chance of rain in Brazil in the near term....

Barchart · Sep 5, 2024

Arabica Coffee Gives Up Gains as the Brazilian Real Slumps

December arabica coffee (KCZ24 ) Friday closed down -3.55 (-1.43%). November ICE robusta coffee (RMX24 ) closed up +47 (+0.196). Coffee prices Friday settled mixed, with Nov robusta posting a contract high and nearest-futures (U24) robusta posting a record high. Coffee has support from excessive dryness in Brazil that may...

Barchart · Aug 30, 2024

Brazil's Worst Drought in 40 Years Boosts Coffee Prices

December arabica coffee (KCZ24 ) today is up +1.60 (+0.65%). November ICE robusta coffee (RMX24 ) is up +201 (+4.10%). Coffee prices today are moderately higher, with Nov robusta posting a contract high and nearest-futures (U24) robusta posting a record high. Excessive dryness in Brazil may cause premature flowering of...

Barchart · Aug 30, 2024

Coffee Prices End Lower as Brazilian Real Weakness Sparks Long Liquidation

December arabica coffee (KCZ24 ) Thursday closed down -8.85 (-3.45%). November ICE robusta coffee (RMX24 ) closed down -25 (-0.51%). Coffee prices Thursday retreated as weakness in the Brazilian real (^USDBRL ) sparked long liquidation in coffee futures. The real Thursday fell to a 3-week low against the dollar, encouraging...

Barchart · Aug 29, 2024

Coffee Prices Retreat as Brazilian Real Weakness Sparks Long Liquidation

December arabica coffee (KCZ24 ) today is down -10.10 (-3.94%). November ICE robusta coffee (RMX24 ) is down -108 (-2.19%). Coffee prices today are sharply lower as weakness in the Brazilian real (^USDBRL ) has sparked long liquidation pressures in coffee futures. The real today fell to a 3-week low...

Barchart · Aug 29, 2024

Coffee Prices Recover Early Losses on Crop Concerns in Brazil

December arabica coffee (KCZ24 ) Wednesday closed up +1.20 (+0.47%). November ICE robusta coffee (RMX24 ) closed up +80 (+1.65%). Coffee prices recovered from early losses on Wednesday and settled moderately higher on coffee crop concerns in Brazil. On Tuesday, Dec arabica posted a contract high, and nearest-futures (U24) posted...

Barchart · Aug 28, 2024

Coffee Prices Consolidate Their 3-Week-Long Rally

December arabica coffee (KCZ24 ) today is down -0.70 (-0.27%). November ICE robusta coffee (RMX24 ) is up +42 (+0.87%). Coffee prices today are mixed as a stronger dollar sparked some long liquidation pressures, and prices consolidated their sharp 3-week-long rally. On Tuesday, Dec arabica posted a contract high, and...

Barchart · Aug 28, 2024

Coffee Prices Sharply Higher as Dryness in Brazil May Curb Coffee Tree Flowering

December arabica coffee (KCZ24 ) Tuesday closed up +5.60 (+2.24%). November ICE robusta coffee (RMX24 ) closed up +131 (+2.78%). Coffee prices on Tuesday rallied sharply for a third session, with Dec arabica posting a contract high and nearest-futures (U24) posting a 13-year high. Also, Nov robusta posted a contract...

Barchart · Aug 27, 2024