Arabica Coffee Prices Jump as Heavy Rains Delay Brazil Coffee Harvest

Commodity
โดย Barchart·Read original
Summary · why it matters

Arabica coffee prices rose while robusta fell, with September arabica up 3.75 cents, or 1.37 percent, and September robusta down 74 dollars, or 2.04 percent. Heavy rains in Brazil are delaying the harvest, as Minas Gerais received 31.3 millimeters of rain in the week through June 28, which is 1,956 percent of the historical average. Robusta faced pressure from rising inventories, which hit a two-and-three-quarter-month high. Recent heavy rains may have also lowered crop quality, and concerns about a potential Super El Niño later this year could threaten Brazil's 2026/27 coffee crop.

Impact on stocks 0