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Coffee Sep '21 (KCU21)

[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [ICE/US]
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[[ 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 Mon, Jun 21st, 2021.
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

Coffee Prices Close Higher on a Lack of Rain in Brazil

July arabica coffee (KCN21) on Monday closed up +2.45 (+1.63%), and July ICE Robusta coffee (RMN21) closed up +1 (+0.06%).

Coffee prices on Monday closed higher on below-normal precipitation in Brazil.  Somar Meteorologia on Monday reported that there was no rainfall last week in Minas Gerais, Brazil's largest arabica growing region.  

Arabica coffee also has support from strength in the Brazilian real (^USDBRL), which rose +1.22% Monday and is just below last Friday's 1-year high against the dollar.  The stronger real discourages export selling from Brazil's coffee producers.

Arabica coffee earlier this month rallied to a 4-1/2 year high and robusta climbed to a 2-1/2 year high on concern drought in Brazil would curb global coffee supplies.  On May 28, the National Weather System (NWS) issued a water emergency alert for the Brazilian states of Minas Gerais, Goias, Mato Grasso do Sul, Sao Paulo, and Parana.  The NWS said the rainfall deficit in Brazil is "severe" a... Read more

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