Arabica Coffee Futures Rise Slightly
2026-02-24 16:36
By
Luisa Carvalho
1 min. read
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.