Coffee Prices Rebound as the Brazilian Real Rallies [Yahoo! Finance]
StoneX Group Inc. (SNEX)
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Source: Yahoo! Finance
Coffee prices recovered from early losses today and turned higher as short covering emerged when the Brazilian real (^USDBRL) rallied to a 23-month high against the dollar. The stronger real discourages export sales from Brazil's coffee producers. More News from Barchart Coffee Prices Plunge on Projections for Abundant Global Supplies Coffee Prices Tumble on Abundant Global Supplies Did Watson Blow a Fuse With the Latest TACO Tuesday Trade? Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! Coffee prices today initially moved lower, extending Tuesday's losses, with arabica falling to a 3-week low and robusta dropping to an 8-month nearest-futures low. Coffee prices have retreated over the past two weeks amid expectations of a record Brazilian coffee crop. On March 19, Marex Group Plc projected a record 2026/27 Brazil coffee crop of 75.9 million bags, even higher than Sucafina's forecast of 75.4 million bags, up +15.5%
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- 4/15/26 - Form 144
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