Coffee Jul '26 (KCN26)
Coffee Futures Market News and Commentary
July arabica coffee (KCN26) on Friday closed down -0.65 (-0.26%), and July ICE robusta coffee (RMN26) closed down -36 (-1.07%).Â
Coffee prices settled lower on Friday, with arabica posting a 19-month nearest-futures low and robusta posting a 7-week low. Weakness in the Brazilian real (^USDBRL) weighed on coffee prices as the real fell to a 1.75-month low against the dollar on Friday, encouraging export sales by Brazil’s coffee producers. Losses in arabica coffee were limited on Friday amid persistent tightness in the spot market as ICE-monitored arabica coffee inventories fell to a 5.75-month low.Â
The outlook for a record Brazil coffee crop is weighing on prices after the USDA’s Foreign Agricultural Service (FAS) on Wednesday forecast a record 2026/27 Brazil coffee crop of 71.9 million bags, up +14% y/y.  Also, Rabobank raised its 2026/27 global arabica coffee surplus estimate to 9.5 million bags from 7.0 million bags previously.
Coffee prices have ratcheted low... Read more
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