Neutral
Arabica coffee prices hold near $2.95 despite record Brazil harvest
Arabica coffee futures remain near $2.95 per pound, even with Brazil's record 2026 coffee harvest of 67.6 million processed bags, a 19.6% increase from the previous year. This stability is attributed to ongoing weather concerns, particularly El Niño risks, and strong export demand, with September exports reaching their highest volume in 20 months.
Key points
- September coffee exports from Brazil surged over 20% year-on-year to 236,000 metric tons, indicating robust global demand.
- The International Coffee Organization reports a global coffee surplus of 8.9 million bags for the current crop year, potentially exerting downward pressure on prices.
- Arabica coffee futures are trading near $2.95 per pound, reflecting market equilibrium amid mixed supply and demand factors.
Sources
- Record Brazil Coffee Crop Fails to Break PricesRFD-TV · October 12, 2026
- Arabica Coffee Falls on Robust Brazil ExportsYahoo Finance · October 9, 2026
- ICO report: Record Brazilian crop drives coffee prices lower as production rises and global consumption is down by 0.9%Comunicaffe International · October 12, 2026
AI-generated from public news sources. Not financial advice.
