Coffee Hits 15-month Low

Arabica coffee futures rose to cross $2.80 per pound, recovering slightly from recent 15-month lows of $2.78, driven primarily by tight short-term supplies and speculative activity. Dealers also noted that a strengthening Brazilian real can make farmers reluctant to sell at current prices, limiting supply. Despite this, the market remains subdued amid forecasts of a record 2026 harvest in top producer Brazil, where heavy rains since mid-January have improved crop prospects. For the upcoming 2026/27 season, the National Supply Company (Conab) forecasts Brazil’s coffee harvest at 66.2 million 60-kg bags, including 44.1 million bags of Arabica, while Eisa brokerage projects the crop could reach 75.8 million bags.

Coffee decreased to 277.15 USd/Lbs, the lowest since November 2024. Over the past 4 weeks, Coffee lost 19.86%, and in the last 12 months, it decreased 30.07%.

Coffee decreased to 280.10 USd/Lbs, the lowest since July 2025. Over the past 4 weeks, Coffee lost 18.97%, and in the last 12 months, it decreased 29.3%.