Arabica Coffee Futures at Over 2-Month Low
2026-09-08 15:25
By
Luisa Carvalho
1 min. read
Arabica coffee futures extended their decline to around $2.9 per pound, hovering near the lowest since June, as the completion of Brazil’s harvest brings greater availability to the market.
The country is heading for a record coffee crop in 2026, benefiting from a strong biennial cycle, expanded production areas and favorable weather.
Moreover, Brazilian coffee exports surged 45% over a year ago in August.
However, the balance between global supply and demand remains tight and vulnerable to climate risks.
ICE arabica coffee inventories continued to fall and reached a 27-year low of 223,712 bags by September 3.
Meanwhile, the onset of El Niño in the equatorial Pacific is putting Brazil’s 2027 coffee crop under closer scrutiny.
The associated changes in rainfall and temperature patterns in different regions of the country could interfere with crucial stages of the coffee plant's cycle, such as flowering, as well as affecting fruit set, bean filling, and the uniformity of ripening.