At 10:12 am (Brasilia time) this Wednesday (29), the September contract for Arabica coffee traded on Brazilian Stock Exchange (B3) It fell sharply by 1.58%, quoted at US$401.05 per 60 kg bag. The December contract dropped 1.06%, to US$382.85/bag. New York Mercantile Exchange (Nymex)Brazilian assets are in negative territory, with September futures down 0.71% at US$337.00/sc, and December futures down 0.90% at US$314.45/sc. This morning, investors were taking profits, given the gains in previous sessions, as they assessed the progress of the coffee harvest in Brazil. The Arabica coffee harvest in the Cerrado Mineiro region has reached 60% of the projected area for the 2026/27 crop, according to Expocacer, a pace still lower than the 63% recorded in the same period of the previous cycle. Of the volume already harvested, 40% has been processed, with an average yield of 515 liters per 60 kg bag.
This text was translated by machine from Brazilian Portuguese.