Arabica coffee futures traded around $2.70 per pound, near their lowest since November 2024, on expectations of a bumper harvest in top grower Brazil. Prices are down more than 20% this year, driven by improved production forecasts for Brazil’s output from several leading consultancies, following the decline in production in 2025. Despite a reportedly slow start to the harvest in some producing regions, the crop is progressing without major issues and could deliver a record output, helping replenish global coffee supplies. Brazil’s Conab recently raised its 2026/27 coffee production forecast to a record 66.7 million bags from 66.2 million in February, an 18% increase from the previous season. Arabica output is projected at 45.8 million bags, up 28% year on year and the third-largest on record, supported by a positive biennial cycle and favorable weather conditions. Rabobank said that, unless a major weather event occurs, the market will gradually enter a phase of large surplus.
Coffee fell to 249.43 USd/Lbs on June 4, 2026, down 1.45% from the previous day. Over the past month, Coffee's price has fallen 13.91%, and is down 30.29% compared to the same time last year, 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 4 of 2026.
Coffee fell to 249.43 USd/Lbs on June 4, 2026, down 1.45% from the previous day. Over the past month, Coffee's price has fallen 13.91%, and is down 30.29% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Coffee is expected to trade at 262.85 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 235.03 in 12 months time.