Bullish
Arabica coffee futures surge nearly 6% amid slow Brazilian harvest and tight inventories.
Arabica coffee futures experienced a significant rally, closing at $3.4165 per pound on August 24, 2026, marking a 5.9% increase. This surge is attributed to a slower-than-expected Brazilian harvest, with only 81.1% of the crop harvested by August 14, compared to 86.1% in the same period last year. Additionally, ICE-certified Arabica inventories have declined to a 26-year low, intensifying supply concerns.
Key points
- Arabica futures close at $3.4165 per pound, a 5.9% gain, driven by slow Brazilian harvest.
- ICE-certified Arabica inventories fall to a 26-year low, heightening supply concerns.
- Brazil's Cooxupe co-op reports 81.1% of the harvest completed by August 14, slower than last year.
- Safras & Mercado reports 90% of Brazil's 2026/27 coffee harvest completed by August 12, behind last year's 97%.
Sources
- Arabica coffee hits six-week high as delivery period beginsInvesting.com · August 24, 2026
- Coffee Prices Soar as Supplies TightenYahoo Finance · August 24, 2026
- Café arábica sobe quase 6% em Nova York com ritmo lento da colheitaCNN Brasil · August 24, 2026
- Coffee Prices Fall After Arabica Futures RallyAdalytica · August 24, 2026
AI-generated from public news sources. Not financial advice.
