Arabica coffee futures on ICE were trading around $2.4, the highest since June 9th, amid lingering concerns over tight supplies. The market remains well supported by a limited flow from Brazil and Central America, with the harvest in top grower Brazil lagging its historical average. There were also concerns over excessive dry conditions in Brazil amid reduced rains in Minas Gerais, which accounts for about 30% of the country's arabica crop. Meanwhile, ICE-certified stocks fell again to 975,821 bags, their lowest in 22 years, as the industry continues to opt for coffee that is cheaper than similar products in the spot market.

Historically, Coffee reached an all time high of 339.86 in April of 1977. Coffee - data, forecasts, historical chart - was last updated on June of 2022.

Coffee is expected to trade at 233.56 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 255.74 in 12 months time.

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Coffee



Price Day Month Year
Soybeans 1,631.25 20.50 1.27% -5.82% 20.21%
Wheat 906.00 -17.75 -1.92% -16.69% 40.25%
Lumber 611.00 2.40 0.39% -6.50% -23.63%
Cheese 2.35 0.0010 0.04% -2.74% 42.61%
Palm Oil 4,922.00 258.00 5.53% -21.02% 40.39%
Milk 24.33 0 0% -3.45% 41.45%
Cocoa 2,371.00 -26.00 -1.08% -5.01% 0.85%
Cotton 102.00 -1.76 -1.70% -26.61% 19.76%
Rubber 260.00 -10.00 -3.70% 4.42% 9.57%
Orange Juice 169.30 5.15 3.14% -4.54% 45.14%
Coffee 226.00 -0.60 -0.26% -2.27% 39.29%
Oat 616.50 19.5000 3.27% -12.30% 60.03%
Wool 1,474.00 0 0% 3.80% 0.41%
Rice 16.12 0.0650 0.40% -7.86% 22.54%
Canola 893.90 11.40 1.29% -24.64% 14.68%
Sugar 18.30 -0.07 -0.38% -5.67% 6.21%
Tea 2.77 0 0% 3.75% 4.14%
Corn 745.00 -5.2500 -0.70% -4.03% 10.29%


Coffee
Arabica coffee it is the world benchmark for coffee futures contracts that trade on the Inter Continental Exchange (ICE). Arabica accounts for 75 percent of the world’s production and is mostly cultivated in Brazil (40% of the world’s total supply) and Colombia. Robusta account for the remaining 25% and is mostly produced in Vietnam (15% of global supply) and Indonesia. Other major exporters include: Peru, India, Uganda, Ethiopia, Mexico and Cote Ivoire. Robusta is the coffee bean that is popular in Europe and espresso coffees while Arabica beans are popular in the United States.
Actual Previous Highest Lowest Dates Unit Frequency
226.00 226.60 339.86 41.50 1972 - 2022 USd/Lbs Daily