At 9:45 am (Brasilia time) this Friday (19), the July contract for Arabica coffee traded on Brazilian Stock Exchange (B3) The price was stable, quoted at US$329.00 per 60 kg bag. Meanwhile, the September contract fell sharply by 1.24%, to US$318.80/bag. New York Mercantile Exchange (Nymex)Trading is suspended due to the Juneteenth national holiday. This morning, markets were operating with lower liquidity, given the holiday in the US, as agents continue to monitor fieldwork in Brazilian coffee plantations. According to data from Emater-MG, hailstorms recorded between May 30th and June 1st affected five municipalities in southern Minas Gerais, impacting 10,200 hectares and 1,066 rural producers. The main crop impacted was coffee, with 10,000 hectares affected, of which 4,400 hectares suffered severe damage (44%), 2,400 hectares moderate damage (23.9%), and 3,200 hectares minor losses (32.2%). Meanwhile, rural credit under the 2025/26 Harvest Plan totals R$ 312.16 billion, about 52% of the total, indicating execution below historical standards and a still restrained pace. The scenario reflects high real interest rates, greater selectivity, and increasing use of alternative financing, while the beginning of the interest rate cut still has a limited effect on demand, with partial postponement of new contracts.
This text was translated by machine from Brazilian Portuguese.