At 9:41 am (Brasilia time) this Tuesday (1st), the December contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price recorded a significant drop of 3.97%, quoted at US$ 366.85 per 60 kg bag. The March 2027 contract, however, showed stability at US$ 373.00/bag. New York Mercantile Exchange (Nymex)Brazilian assets are trading in negative territory, with December futures down 2.58% at US$303.45/sc and January futures down 2.17% at US$292.80/sc. In this trading session, market participants were reacting to new data on the progress of the Arabica coffee harvest in Brazil. According to a weekly survey by Expocacer, the Arabica coffee harvest in the Cerrado Mineiro region reached 93% of the total projected by August 28th, with 77% of the fruit already processed and an average yield of 490 liters per 60 kg bag. With the harvest entering its final phase, the cooperative's attention is focused on completing the harvest of coffee that fell to the ground; approximately 30% of the crop's fruit fell due to rain, of which 54% have already been collected.
This text was translated by machine from Brazilian Portuguese.