At 10:47 am (Brasilia time) this Thursday (23), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price registered a slight decrease of 0.34%, quoted at US$ 380.70 per 60 kg bag. The December contract, however, fell 1.09%, to US$ 366.45/bag. New York Mercantile Exchange (Nymex)Assets are in negative territory, with a 0.44% drop for September futures, quoted at US$315.25/sc, and a 0.51% decrease for December futures, at US$302.15/sc. This morning, traders are evaluating the semi-annual report of… United States Department of Agriculture (USDA) for global coffee production, 2026/27 crop year. The USDA The report estimated a record global coffee production of 189.67 million bags in 2026/27, led by Brazil, whose harvest is expected to reach 71.9 million bags, driven by the strong recovery of Arabica. The result points to a global surplus of 9.93 million bags and a stock-to-consumption ratio of 15.69%, in line with DATAGRO's reading, whose estimates for the Brazilian harvest remain slightly more optimistic (73.0 million bags).
This text was translated by machine from Brazilian Portuguese.