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Coffee Sep '21 (KCU21)

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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 Wed, Apr 17th, 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

Coffee Prices End Sharply Higher on Global Crop Concerns

May arabica coffee (KCK24) on Wednesday closed up +11.20 (+4.73%), and May ICE robusta coffee (RMK24) closed up +229 (+5.72%).

Coffee prices Wednesday rallied sharply, with arabica coffee jumping to a 2-year high and robusta coffee soaring to a new all-time high.

Coffee prices have surged over the past month due to crop concerns in Brazil and Vietnam.  Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 15.8 mm of rainfall in the past week, or 74% of the historical average.  Minas Gerais accounts for about 30% of Brazil's arabica crop.  Robusta coffee is surging to new record highs on fears that excessive dryness in Vietnam will limit the country's robusta coffee production.

Tight robusta coffee supplies from Vietnam, the world's largest producer of robusta coffee beans, are a major bullish factor.  On March 26, Vietnam's agriculture department projected that Vietnam's coffee production in the 2023/24 crop year could drop by -20% to 1.472... Read more

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