Coffee prices fell sharply today as weakness in the Brazilian real triggered long liquidation in futures. September arabica coffee dropped 11.70 cents, or 3.45%, while September ICE robusta coffee declined 88 dollars, or 2.27%. The Brazilian real hit a 2.5-week low against the dollar, encouraging export sales from Brazil’s coffee producers. The decline comes despite recent support from a slow Brazilian harvest and heavy rain in Minas Gerais, where rainfall was 2700% of the historical average last week. Rising robusta inventories and a USDA forecast for record global coffee output in the 2026-27 season also weighed on prices.