Coffee Price Today, July 26: Sharp Decline as Brazil Accelerates Harvest

Coffee price today (July 26) reversed course and dropped sharply on global exchanges after three consecutive sessions of gains. Brazil’s 2025–2026 coffee harvest has reached 84% of planted area, surpassing 81% at the same time last year and the five-year average of 77%.

Global Coffee Market Update

On the London exchange, robusta coffee prices for the September 2025 contract closed at $3,228/ton, down 3.61% ($121/ton) from the previous session. The November 2025 contract fell 3.27% ($108/ton) to $3,196/ton.

Meanwhile, on the New York exchange, arabica coffee for September 2025 delivery dropped 2.39% (7.3 US cents/pound) to 297.55 US cents/pound. The November 2025 contract decreased 2.21% (6.55 US cents/pound) to 290.45 US cents/pound.

According to Reuters, robusta coffee futures on ICE are approaching the 16-month low set earlier this week, driven by increased supply from new harvests in Brazil and Indonesia.

Vietnam Market Sentiment

Traders in Vietnam, the world’s largest robusta producer, noted that short-covering and purchases from some local exporters have helped support market sentiment and stimulated domestic buying across the supply chain.

However, the overall outlook remains bearish due to harvest pressure from Brazil and Indonesia.

Brazil Harvest Update

Consulting firm Safras & Mercado reported that, as of July 23, Brazil’s 2025–2026 coffee crop had been harvested on 84% of the total area, up 7 percentage points from the previous week, thanks to favorable dry weather.

“The harvest is progressing at a relatively fast pace, exceeding last year’s 81% and the five-year average of 77% for this time of year,” Safras stated.

Robusta harvest in Brazil is nearly complete at 96%, slightly ahead of last year’s 95% and the five-year average of 93%. The arabica harvest has reached 76%, also surpassing last year’s 75% and the five-year average of 69%.

Vietnam Crop Outlook and Trade Tensions

Favorable weather in Vietnam has also strengthened expectations for a larger 2025–2026 crop, with BMI, a unit of Fitch Solutions, forecasting a 5.2% increase year-over-year.

BMI further noted that concerns over weakening demand have peaked amid the looming implementation of a 50% U.S. import tariff on Brazilian coffee—particularly arabica—expected to take effect on August 1.

“Reflecting these developments, our latest forecast lowers the average coffee price in 2025 from $3.4/pound to $3.0/pound,” BMI concluded.