Market Reports

The latest Commitment of Traders report from the New York arabica market has seen the Non-Commercial Speculative sector decreased their net long position by 39.28% within the market over the week of trade leading up to Tuesday 2^nd June 2026:  to register a new long position of 5,111 lots, which is the equivalent of 1,448,946 bags. This net long position has most likely been decreased following the period of mixed but overall softer trade that has since followed. The Commercial sector held 29,786 Lots or the equivalent of 8,444,199 bags net short position on the day, an decrease of 13.84% over the same week of trade.

In the same report from the New York arabica coffee market, the shorter term in Nature Managed Money Fund decreased their net-long position by 30.05% over the week of trade leading up to Tuesday 2^nd June 2026; to register a new long position at 12,195 Lots. The longer term in nature, the Index Fund sector of this market increased their net-long position by 6.10% within the market, to register a new net-long position of 24,596 Lots on the day.

The latest Commitment of Traders report from the London robusta coffee market has seen the Speculative Managed Money Sector increase their net long position by 34.35% within the market over the week of trade leading up to Tuesday 2^nd June 2026: to register a new net long position of 18,066 Lots which is the equivalent of 3,011,000 bags. This net long position has most likely been decreased, following the period of mixed but overall softer trade that has since followed.

The analysts Safras & Mercado have estimated that almost 23% of the new Brazil coffee crop has already been harvested as of the 2^nd June 2026.  The harvest this year is at a slower pace, when compared to the same time last year which was reported at 28%. Based on their forecast for a new crop of 75.65 million bags, the report would indicate that so far approximately 17.40 million bags of the new crop have been harvested.

The National Coffee Growers Federation in Colombia have reported that the country’s coffee production for the month of May, from this largest washed arabica coffee producer and exporter, registered 238,000, bags or 29.06% higher than the same month last year, at a total of 1,057,000 bags.  The National Coffee Growers Federation have reported that the country’s cumulative coffee production for the first eight months of the current October 2025 to September 2026 coffee year to be 2,166,000 bags or 21.35% lower than the same period in the previous coffee year, at a total of 7,977,000 bags.

In the same report, the National Coffee Growers Federation in Colombia post the country’s coffee exports for the month of May to be 16,000 bags or 1.75% lower than the same month last year, at a total 897,000 bags. The country’s cumulative coffee exports for first eight months of the current October 2025 to September 2026 coffee year, registered at 1,994,000 bags or 21.35% lower over the same period in the previous coffee year, to a total of 7,389,000 bags.

The Certified washed Arabica coffee stocks held against the New York exchange registered a decrease by 6,559 bags on Friday, to register these stocks at 419,504 bags, with 72.71% of these certified stocks held in Europe, at a total of 305,034 and the remaining 27.29% being held in the USA at a total 114,470 bags. Of this, a total 10,740 or 2.56% of the coffees registered and stored in consumer country certified warehouses of the exchange, are Brazil washed arabica, and a further 28.09% of these certified coffees, from Honduras at 117,856 bags and 14.64% from Peru at a total 61,407 bags. The pending grading remained unchanged, registering 275 bags pending grading.   

The July 2026 to July 2026 contract arbitrage between the London and New York markets widened on Friday, to register this at 96.09 Usc/Lb. This equates to 38.98% price discount for London robusta coffee.

It was a softer day on the commodity markets on Friday, after a stronger-than-expected US jobs report reinforced expectations that the US Federal Reserve will keep interest rates higher for longer amid inflation concerns. The Coffee, Cocoa, Corn, Soybean, Sugar, Wheat, Gold, Silver, Palladium and Platinum markets ended the day on a softer note. The day starts with the US Dollar trading at 1.334 Sterling, at 1.152 to the Euro and with the US Dollar buying 5.172 Brazil Real.

The London market started the day on Friday trading on a modest near to unchanged firmer note, whilst the New York coffee market opened the day trading on a firmer note, the markets quickly gained support to trend firmer setting a new high for the day during the early morning session, before encountering resistance early to drop back and trend below par for the remainder of the day. As the afternoon progressed, the markets encountered downward pressure, leading to a bearish trajectory for the afternoon session. Despite the downward pressure, a small degree of buying support came to the fore during the afternoon session to see the New York market recover most of the earlier losses of the day, before a lack of support at the top saw the markets drop back and into a softer path for the remainder of the day. The London market recovered marginally from the day’s low, while the New York market recovered most of the earlier losses gaining support near to the close to settle on a modest near to unchanged softer note at the close.

The London market ended the day on a negative note, with 64.29% of the earlier losses of the day intact, while the New York market ended the day on a likewise negative note with 16.88% of the earlier losses of the day intact.  This softer close for the markets and with the London markets retaining most of the earlier losses to settle near to the lows of the day in a comparatively good volume day and the New York market recovering from the day’s lows, might lead one to think that the markets are due for a hesitant start to early trade today, against the prices set on Friday, as follows: