Arabica Coffee Futures Advance
2026-07-09 14:27
By
Luisa Carvalho
1 min. read
Arabica coffee futures rose to around $3.3 per pound as volatile trading persisted amid uncertainty over Brazil's crop outlook.
Earlier this week, prices climbed roughly 16%, recording their largest gain since 2000 and surpassing the $3.50 mark for the first time since January.
The sharp rally was triggered by weather-related supply concerns in Brazil, where heavy June rains delayed harvesting before a sharp shift to dry conditions raised fresh questions over bean quality and the next crop.
Coffee crops are particularly sensitive to abrupt weather changes.
Although drier weather has improved fieldwork, the harvest of what is expected to be a record crop remains behind schedule.
In Southern Minas Gerais, Brazil's main coffee-producing region, only 30% of the harvest had been completed by mid-season, compared with 52% a year earlier. Meanwhile, traders continued to monitor the risk of El Niño and its potential impact on flowering and the development of the 2027/28 crop.