Brazilian Coffee Prices Rise on Rain‑Hit Harvest Delays

New York coffee futures for September delivery jumped 3.43% on Monday, closing at US$ 3.05 per pound as traders reacted to heavy rains in Brazil’s key coffee‑growing region of Minas Gerais and a slower-than‑expected harvest. Minas Gerais recorded 32.4 mm of rain in the week to 26 July, roughly 2700% of the historical average for that period, and harvest progress was only 47.3% of the area by 17 July, well below the 59% reached at the same time last year. Overall, only 64% of the 2026/27 crop had been harvested by 15 July, compared with 77% in the previous year.

In Brazil, spot prices showed a mixed picture on the same day. In São Paulo, a 60 kg sack of Arabica coffee fell 0.96% to R$ 1,676.28, while Robusta coffee rose 0.42% to R$ 1,070.72. These domestic price movements occurred alongside the international futures rally, reflecting the market’s concern over supply constraints caused by the rainfall and harvest lag.