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Coffee Dec '24 (KCZ24)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ rootItem.symbol ]]underlying price [[ rootItem.lastPrice ]] [[ rootItem.priceChange ]] ([[ rootItem.percentChange ]]) [[ rootItem.tradeTime ]]
Coffee Prices for [[ item.sessionDateDisplayLong ]]
Find the latest Coffee prices and Coffee futures quotes for all active contracts below.
[[ timeframe ]] futures price quotes as of Fri, Sep 20th, 2024.
Latest price quotes as of [[ snapshotDate ]].
[[ timeframe ]] futures price quotes, based on [[ timeframe ]] data.
Looking for expired contracts? Check out our Coffee Historical Prices page.

Coffee Futures Market News and Commentary

Rain Forecasts for Brazil Send Coffee Prices Tumbling

December arabica coffee (KCZ24) Friday closed down -10.90 (-4.17%), and November ICE robusta coffee (RMX24) closed down -189 (-3.60%).

Coffee prices Friday closed sharply lower as forecasts for rain in Brazil sparked fund liquidation of coffee futures.  The two-week Global Forecast System model shows rain moving into Brazil's coffee-growing regions next week during the all-important flowering period for Brazil's coffee trees.

A supportive factor for coffee was Thursday's action by Conab, Brazil's crop forecasting agency, to cut its 2024 Brazil coffee production forecast to 54.8 million bags from 58.8 million bags forecast in May.

On Monday, Dec arabica and Nov robusta posted contract highs, while nearest-futures (U24) robusta posted a new all-time high.  Coffee prices have rallied sharply over the past two weeks as adverse global weather events threaten coffee production.  Brazil has been facing the driest weather since 1981, according to the natural disaster monit... Read more

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