Brazil harvest pace weighs on coffee futures as Cooxupe reports 81.1% picked by Aug 14
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Coffee futures fell as expectations of faster Brazil harvesting and looser near-term supply weighed on prices. Cooxupe's harvest progress improved week-on-week, while dry conditions in Minas Gerais may further accelerate picking. Robusta is additionally pressured by ICE inventories rising to an 8.75-month high and strong Vietnam export flows. Offsetting support includes tight ICE arabica stocks and Colombia earthquake-related logistics constraints, but supply signals dominated.
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NCCOCOFFEE2USD/USDT-1.36%
AI تجزیاتی سمجھ · NCCOCOFFEE2USD/USDTAI تجزیاتی سمجھ
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⚠️ AI سے تیار کردہ تجزیاتی سمجھ خبروں کے مواد پر مبنی ہے اور صرف معلوماتی مقاصد کے لیے فراہم کی گئی ہے۔ یہ سرمایہ کاری کا مشورہ نہیں ہے اور نہ ہی BingX کے خیالات کی نمائندگی کرتی ہے۔ سرمایہ کاری میں رسک شامل ہے۔ براہ کرم ذمہ داری سے ٹریڈ کریں۔
Brazil’s coffee harvest is accelerating, with Cooxupe reporting 81.1% completed as of Aug 14, up 7 points from the prior week. Safras & Mercado said the Brazil 2026/27 harvest was 90% complete as of August 12, still behind last year and the five-year average. Arabica harvesting was 86%, below 95% a year earlier. ICE arabica and robusta coffee futures both settled lower on Friday.