Arabica Coffee Futures at Over 1-Month Low
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Arabica coffee futures have dropped to $3.45 per pound, the lowest since December 29, due to improved supply prospects in Brazil. Favorable weather conditions have led to expectations of higher production in the 2026 harvest. Recent heavy rains have benefited Arabica bean development. However, sales of Brazil's 2026/27 coffee crop are at 8% of production potential, down from 9% last year, as futures prices remain below spot prices, discouraging forward sales. The devaluation of the Brazilian real has also contributed to the downward pressure on prices.
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