Coffee May '24 (KCK24)
Coffee Futures Market News and Commentary
July arabica coffee (KCN26) on Thursday closed down -5.15 (-1.77%), and July ICE robusta coffee (RMN26) closed down -81 (-2.35%).
Coffee prices tumbled to 1-week lows on Thursday and settled sharply lower amid expectations of a bigger Brazil coffee crop. Â The Coffee Trading Academy projects Brazil's 2026/27 coffee harvest will increase by +12% y/y to 71.4 million bags.
Last Tuesday, arabica coffee fell to a 1.75-month low amid expectations of a record Brazilian coffee crop. Â On March 19, Marex Group Plc projected a record 2026/27 Brazilian coffee crop of 75.9 million bags, surpassing Sucafina's forecast of 75.4 million bags (+15.5% y/y). Â On March 12, StoneX raised its Brazil 2026/27 coffee production estimate to a record 75.3 million bags, up from a November estimate of 70.7 million bags. Â Meanwhile, StoneX projected the 2026 global coffee surplus will expand to 10 million bags from 1.8 million bags in 2025, the biggest surplus in 6 years.
Soaring coffee exports f... Read more
Barchart · Thu Apr 30, 5:00PM CDT
Cotton futures closed the Thursday session gains of the 3 cent limit in July, with in delivery May up 3 cents. Most other contracts were 102 to 254 points...
Barchart · Thu Apr 30, 1:20PM CDT
May NY world sugar #11 (SBK26 ) on Thursday closed down -0.10 (-0.68%), and Aug London ICE white sugar #5 (SWQ26 ) closed down -5.90 (-1.33%). Sugar prices...
Barchart · Thu Apr 30, 1:19PM CDT
July ICE NY cocoa (CCN26 ) on Thursday closed up +159 (+4.66%), and May ICE London cocoa #7 (CAK26 ) closed up +104 (+4.13%). Cocoa prices rallied sharply...
Barchart · Thu Apr 30, 1:17PM CDT
July arabica coffee (KCN26 ) on Thursday closed down -5.15 (-1.77%), and July ICE robusta coffee (RMN26 ) closed down -81 (-2.35%). Coffee prices tumbled...
Barchart · Thu Apr 30, 12:23PM CDT
Cotton futures are trading with Thursday gains of the 3 cent limit in July, with in delivery May up 552 points. The US dollar index is down $0.782 at...
Barchart · 1 hour ago
Visa has released its second-quarter results while announcing a massive $20 billion share repurchase program.
Barchart · Thu Apr 30, 5:00PM CDT
Cotton futures closed the Thursday session gains of the 3 cent limit in July, with in delivery May up 3 cents. Most other contracts were 102 to 254 points...
Barchart · Thu Apr 30, 5:00PM CDT
Live cattle futures posted mixed trade at the close, with contracts down $1.25 to $1.60 higher in the expiring April contract. Cash trade got kicked off...
Barchart · Thu Apr 30, 5:00PM CDT
Lean hog futures were down 25 cents to $1.65 at the Thursday close. USDA’s national base hog price was reported at $92.64 on Thursday afternoon, down...
Barchart · Thu Apr 30, 5:00PM CDT
Corn futures posted modest losses to close out April with contracts ¼ to 3 ½ cents. There were 19 delivery notices on First Notice Day for May futures....
Barchart · Thu Apr 30, 5:00PM CDT
The wheat complex posted some profit taking on Thursday, with all three markets facing pressure. Chicago SRW futures were down 11 ¾ to 18 ½ cents in...
Barchart · Thu Apr 30, 5:00PM CDT
Soybeans bounced off early session lows on Thursday to close with contracts down ¼ to 1 ½ cents in old crop contracts and up 1 3/4 to 3 cents in the...
Barchart · Thu Apr 30, 4:14PM CDT
Analysts are pushing the buy button on SNDK stock.
