Arabica coffee futures traded around $2.70 per pound, after touching May highs earlier in the month, supported by a stronger US dollar and signs of progress in US-Iran negotiations. The closure of the Strait of Hormuz has tightened coffee supply chains by pushing up global shipping, insurance, fertiliser, and fuel costs, increasing pressure on coffee importers and roasters. At the same time, traders are closely monitoring the El Niño weather pattern, with attention extending beyond the current harvest to its potential impact on Brazil’s 2026/27 production cycle. Coffee trader Commercial noted that El Niño could delay seasonal rains in Brazil this September and October, a critical period for tree flowering, potentially weighing on the country’s upcoming crop. Brazil’s coffee harvest for the 2026/27 season has reached 39% of the planted area as of June 17, according to Safras & Mercado, below 43% a year earlier and slightly under the five-year average of 40%.
Coffee rose to 275.75 USd/Lbs on June 23, 2026, up 3.28% from the previous day. Over the past month, Coffee's price has risen 0.64%, but it is still 13.00% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Historically, Coffee reached an all time high of 440.85 in February of 2025. Coffee - data, forecasts, historical chart - was last updated on June 24 of 2026.
Coffee rose to 275.75 USd/Lbs on June 23, 2026, up 3.28% from the previous day. Over the past month, Coffee's price has risen 0.64%, but it is still 13.00% lower than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee is expected to trade at 264.92 USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 235.04 in 12 months time.