Coffee Dec '26 (KCZ26)
Coffee Futures Market News and Commentary
September arabica coffee (KCU26) closed up +7.00 (+2.07%) on Monday, and September ICE robusta coffee (RMU26) closed up +49 (+1.35%).
Coffee prices settled sharply higher on Monday, with arabica soaring to a 6-week high amid the slow pace of Brazil's coffee harvest. Safras & Mercado reported last Friday that the Brazil 2026/27 coffee harvest was 90% completed as of August 12, behind 97% last year and the 5-year average of 94%. Brazil's arabica coffee harvest was 86% complete, behind last year's 95%. Meanwhile, the harvest among members of Cooxupe co-op was 74.6% complete as of August 7, behind last year's comparable figure of 80.4%, according to a report released last Wednesday.
Falling inventories are bullish for arabica coffee prices, as ICE arabica coffee inventories fell to a 2.75-year low of 231,340 bags on Monday. By contrast, rising inventories are bearish for robusta coffee as ICE robusta inventories climbed to a 5-month high of 4,537 lots last Friday.
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