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Coffee Prices Fall as the Outlook for Brazil's Coffee Crop Improves

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⚡ Quantum Brief
Coffee futures dropped sharply on February 10, 2026, with arabica down 0.87% and robusta falling 1.17% after heavy rains in Brazil’s Minas Gerais region eased drought concerns. Brazil’s 2026 coffee output is forecast to hit a record 66.2 million bags, up 17.2% year-over-year, with arabica production surging 23.2% and robusta rising 6.3%, per Brazil’s crop agency Conab. Vietnam’s January coffee exports soared 38.3% year-over-year, reaching 198,000 MT, while 2025 exports jumped 17.5% to 1.58 MMT, pressuring global robusta prices amid ample supply. ICE-monitored coffee inventories rebounded, with arabica stocks hitting a 3.25-month high and robusta a 2-month high, further weighing on prices despite earlier lows. Global production trends diverge: the USDA projects a 2% rise in 2025/26 output to 178.8 million bags, but arabica supplies tighten while robusta grows 10.9%, reflecting shifting market dynamics.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Coffee Prices Fall as the Outlook for Brazil's Coffee Crop Improves February 10, 2026 — 01:46 pm EST Written by Rich Asplund for Barchart-> March arabica coffee (KCH26) today is down -2.60 (-0.87%), and March ICE robusta coffee (RMH26) is down -45 (-1.17%).Coffee prices are moving lower today as increased precipitation in Brazil improves the outlook for the country's coffee crop. On Monday, arabica fell to a 6-month low as concerns over dry conditions in Brazil eased when Somar Meteorologia reported that Brazil's largest arabica coffee-growing area, Minas Gerais, received 72.6 mm of rain during the week ended February 6, or 113% of the historical average. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. Coffee prices have been under pressure over the past 1.5 weeks, with robusta falling to a 5.75-month low last Thursday on signs of robust coffee supplies. Conab, Brazil's crop forecasting agency, said last Thursday that Brazil's 2026 coffee production will climb +17.2% y/y to a record 66.2 million bags, with arabica production up +23.2% y/y to 44.1 million bags and robusta production up +6.3% y/y to 22.1 million bags.Soaring coffee exports from Vietnam, the world's largest robusta producer, are bearish for robusta prices. Vietnam's National Statistics Office reported Friday that Vietnam's Jan coffee exports surged +38.3% y/y to 198,000 MT. Vietnam's 2025 coffee exports jumped by +17.5% y/y to 1.58 MMT. Increased Vietnamese coffee supplies are negative for prices. Vietnam's 2025/26 coffee production is projected to climb +6% y/y to 1.76 MMT, or 29.4 million bags, a 4-year high. The recovery in ICE coffee inventories is negative for prices. ICE-monitored arabica inventories fell to a 1.75-year low of 396,513 bags on November 18, but recovered to a 3.25-month high of 461,829 bags on January 7. Also, ICE robusta coffee inventories fell to a 13-month low of 4,012 lots on December 10 but recovered to a 2-month high of 4,662 lots on January 26.On the positive side for coffee, Brazil's Trade Ministry reported last Thursday that Brazil's Jan coffee exports fell -42.4% y/y to 141,000 MT.Smaller coffee supplies from Colombia, the world's second-largest arabica producer, are supportive of prices after the National Federation of Coffee Growers reported that January coffee production fell 34% y/y to 893,000 bags.Signs of tighter global coffee supplies are supportive of prices, as the International Coffee Organization (ICO) on November 7 reported that global coffee exports for the current marketing year (Oct-Sep) fell -0.3% y/y to 138.658 million bags.The USDA's Foreign Agriculture Service (FAS) bi-annual report on December 18 projected that world coffee production in 2025/26 will increase by +2.0% y/y to a record 178.848 million bags, with a -4.7% decrease in arabica production to 95.515 million bags and a +10.9% increase in robusta production to 83.333 million bags. FAS forecasted that Brazil's 2025/26 coffee production will decline by -3.1% y/y to 63 million bags and that Vietnam's 2025/26 coffee output will rise by 6.2% y/y to a 4-year high of 30.8 million bags. FAS forecasts that 2025/26 ending stocks will fall by -5.4% to 20.148 million bags from 21.307 million bags in 2024/25. On the date of publication, Rich Asplund did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart There’s Nothing Sweet About This Sugar: How Much Lower Will Prices Go?

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Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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