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The Latest Breaking News from Somar Meteorologia

Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -0.70 (-0.43%), and Sep ICE robusta coffee (RMU23 ) is down -19 (-0.72%). Coffee prices this morning are moderately lower. Drier conditions in Brazil may speed up the country's coffee harvest and are bearish for prices. Somar Meteorologia reported Monday that...

Arabica Coffee Closes Higher on Supply Concerns

Arabica Coffee Closes Higher on Supply Concerns

Sep arabica coffee (KCU23 ) on Thursday closed up +2.55 (+1.64%), and Sep ICE robusta coffee (RMU23 ) closed down -68 (-2.61%). Coffee prices on Thursday settled mixed. Arabica has support from recent heavy rain in Brazil's Minas Gerais region that may delay the country’s coffee harvest. Somar Meteorologia reported...

Arabica Coffee Gains as Rain May Slow Brazil's Harvest

Arabica Coffee Gains as Rain May Slow Brazil's Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.70 (+1.09%), and Sep ICE robusta coffee (RMU23 ) is down -66 (-2.53%). Coffee prices this morning are mixed. Arabica is climbing today as recent heavy rain in Brazil's Minas Gerais region may slow the country’s coffee harvest. Somar Meteorologia reported...

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Arabica Coffee Closes Higher as Heavy Brazil Rains May Delay the Harvest

Sep arabica coffee (KCU23 ) on Tuesday closed up +0.50 (+0.32%), and Sep ICE robusta coffee (RMU23 ) closed down -20 (-0.78%). Coffee prices on Tuesday settled mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Arabica Coffee Higher on Concern Heavy Rain Will Slow the Brazil Harvest

Sep arabica coffee (KCU23 ) this morning is up +1.40 (+0.90%), and Sep ICE robusta coffee (RMU23 ) is down -18 (-0.71%). Coffee prices this morning are mixed. Concern that recent heavy rain in Brazil will slow the coffee harvest supports arabica prices. Somar Meteorologia reported Monday that Brazil's Minas...

Coffee Prices Finish Lower as Dry Conditions in Brazil Speed up the Coffee Harvest

Sep arabica coffee (KCU23 ) Monday closed down -1.05 (-0.65%), and Sep ICE robusta coffee (RMU23 ) closed down -45 (-1.72%). Coffee prices Monday settled moderately lower on the outlook for dry conditions in Brazil to speed up the pace of the country's coffee harvest. Somar Meteorologia reported Monday that...

Coffee Prices Slip as Dry Conditions in Brazil Speed up the Coffee Harvest

Sep arabica coffee (KCU23 ) this morning is down -0.45 (-0.31%), and Sep ICE robusta coffee (RMU23 ) is down -41 (-1.56%). Coffee prices this morning are moderately lower on the outlook for dry conditions in Brazil to speed up the pace of the country's coffee harvest. Somar Meteorologia reported...

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Coffee Prices Extend Sell-off on Favorable Harvest Weather in Brazil

Coffee Prices Extend Sell-off on Favorable Harvest Weather in Brazil

Sep arabica coffee (KCN23 ) Friday closed down -2.60 (-1.61%), and Sep ICE robusta coffee (RMN23 ) closed down -79 (-3.07%). NY arabica coffee Friday fell back towards Thursday's 5-month low, while Sep robusta fell to a new 1-month low. NY arabica coffee is being undercut by favorable weather in...

Coffee Prices Continue the Sharp Sell-off

Coffee Prices Continue the Sharp Sell-off

Sep arabica coffee (KCN23 ) today is down -2.50 (-1.55%), and Sep ICE robusta coffee (RMN23 ) is down -45 (-1.75%). NY arabica coffee Friday fell back towards Thursday's 5-month low, while Sep robusta fell to a new 1-month low. NY arabica coffee is being undercut by favorable weather in...

Coffee Prices Continue the Sharp Sell-off

Coffee Prices Continue the Sharp Sell-off

July arabica coffee (KCN23 ) today are down -2.65 (-1.60%), and July ICE robusta coffee (RMN23 ) is down -43 (-1.53%). NY arabica coffee today fell to another new 5-month low, while July robusta continued to fall back from Tuesday's new record high (data since 2008). Arabica coffee is seeing...

Coffee Prices Fall Sharply on Technicals

Coffee Prices Fall Sharply on Technicals

July arabica coffee (KCN23 ) today is down -4.45 (-2.63%), and July ICE robusta coffee (RMN23 ) is down -4.45 (-2.63%). NY arabica coffee today fell to a new 5-month low, while July robusta fell back from Tuesday's new record high (data since 2008). Arabica coffee is seeing technical selling...

Robusta Coffee Rallies to Another Record High

Robusta Coffee Rallies to Another Record High

July arabica coffee (KCN23 ) today is up +1.40 (+0.83%), and July ICE robusta coffee (RMN23 ) is up +29 (+1.00%). NY arabica coffee today matched March's 5-month low, but then recovered for a moderate gain. Meanwhile, July robusta today rallied to post a new record high (data since 2008)...

Arabica Coffee Prices Remain Weak But Robusta Rallies to Record

Arabica Coffee Prices Remain Weak But Robusta Rallies to Record

July arabica coffee (KCN23 ) today is down -1.55 (-0.92%), while July ICE robusta coffee (RMN23 ) is up +120 (+4.38%). NY arabica coffee today remains weak and matched last Friday's 3-month low. However, July robusta today rallied sharply to post a new record high (data since 2008) on the...

Coffee Prices Fall on Economic Gloom and Favorable Brazilian Weather

Coffee Prices Fall on Economic Gloom and Favorable Brazilian Weather

July arabica coffee (KCN23 ) today is down -2.80 (-1.63%), and July ICE robusta coffee (RMN23 ) is down -42 (-1.50%). NY arabica coffee today extended this week's sell-off to a 3-month low, while robusta remains above Wednesday's 1-1/2 week low. Coffee prices are being undercut by global economic gloom...

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Arabica Coffee Closes Moderately Lower on Brazil Coffee Harvest Pressures

July arabica coffee (KCN23 ) on Tuesday closed down -2.80 (-1.51%), and July ICE robusta coffee (RMN23 ) closed up +7 (+0.26%). Coffee prices Tuesday settled mixed. Arabica coffee retreated Tuesday on favorable weather conditions in Brazil, which should speed up the pace of the country's coffee harvest. Somar Meteorologia...

Coffee Prices Post Moderate Losses as Dryness in Brazil Benefits the Coffee Harvest

July arabica coffee (KCN23 ) on Monday closed down -5.10 (-2.68%), and July ICE robusta coffee (RMN23 ) closed down -22 (-0.81%). Coffee prices Monday closed sharply lower on dry conditions in Brazil that are allowing the pace of the country's coffee harvest to pick up. Somar Meteorologia reported Monday...

Coffee Prices Slide as Dry Conditions in Brazil Benefit the Coffee Harvest

July arabica coffee (KCN23 ) this morning is down -5.40 (-2.83%), and July ICE robusta coffee (RMN23 ) is down -20 (-0.73%). Coffee prices this morning are moderately lower on dry conditions in Brazil that are allowing the pace of the country's coffee harvest to pick up. Somar Meteorologia reported...

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the US Climate Prediction Center

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