Coffee is trading sharply higher on the B3 and Nymex this Thursday morning.

At 10:01 am (Brasilia time) this Thursday (18), the July contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price of soybeans was rising sharply by 1.48%, quoted at US$339.95 per 60 kg bag. Meanwhile, the September contract advanced a significant 2.08%, to US$333.40/bag. New York Mercantile Exchange (Nymex)Meanwhile, equivalent assets surged 2.56% and 1.99%, quoted at US$284.95/sc and US$277.30/sc, respectively. This morning, market participants were reacting to news of delays in the 2026/27 coffee harvest in Brazil. Field activities totaled 15.8% of Cooxupé's operating area as of June 14, below the 17.8% observed in the same period of 2025 and the 26.6% of 2024, reflecting the rains that limited fieldwork. On the economic front, the Federal Reserve (Fed) maintained interest rates in the United States and adopted a cautious stance given inflation still above the target, while the Copom, of the Central Bank of Brazil (BC), reduced the Selic rate by 0.25 percentage points, but maintained a prudent tone regarding future cuts.

This text was translated by machine from Brazilian Portuguese.