Coffee Market Report
The National Coffee Growers Federation in Colombia have reported that the country’s coffee production for the month of November was 479,000 bags or 37.36% higher than the same month last year, at a total of 1,761,000 bags. The National Coffee Growers Federation have reported that the country’s cumulative coffee production for the first two months of the current October 2024 to September 2025 coffee year to be 661,000 bags or 27.10% higher than the same period in the previous coffee year, at a total of 3,100,000 bags.
The National Coffee Growers Federation in Colombia have meanwhile reported that the country’s coffee exports for the month of November were 84,000 bags or 7.60% higher than the same month last year, at a total of 987,000 bags. The National Coffee Growers Federation have reported that the country’s cumulative coffee exports for first two months of the current October 2024 to September 2025 coffee year are 233,000 bags or 11.63% higher than the same period in the previous coffee year, at a total of 2,236,000 bags.
The National Coffee Growers Federation in Colombia have reported that the coffee production from the world’s largest producer of fine washed arabica coffee may reach 13.60 million bags or 20% higher during the current October 2024 to September 2025 coffee year, with the report referring to positive adaptation to climate change as a reason for the increased production.
The Certified washed Arabica coffee stocks held against the New York exchange were seen to decrease by 6,986 bags yesterday, to register these stocks at 897,286 bags, with 98.10% of these certified stocks held in Europe, at a total of 880,192 bags and the remaining 1.90% being held in the USA at a total 17,094 Bags. Of this, a total 517,175 bags or 57.64% of the coffees registered and stored in consumer country certified warehouses of the exchange, are Brazil washed arabica, and a further 11.46% of these certified coffees, from Nicaragua. The pending grading stocks were seen to increase by 18,990 bags on the day, to register 97,172 bags pending grading on the day.
The January 2025 to March 2025 contract arbitrage between the London and New York markets widened yesterday, to register this at 87.34 Usc/Lb. This equates to 28.76% price discount for the London robusta coffee.
It was a firmer day on the commodity markets yesterday, the US Federal Reserve announced that inflation is gradually heading toward the 2% target, which may lead to further speculation of interest rate cuts in the pipeline so long as inflation remains under control. The Coffee, Cocoa, Soybean, Gold, Silver and Palladium markets ended the day on a firm note, the Corn market remained unchanged on the day, while the Sugar, Wheat and Platinum markets ended the day on a softer note. The day starts with the U.S. Dollar trading at 1.271 Sterling, at 1.052 the Euro and with the US Dollar buying 6.041 Brazil Real.
The New York and London markets started the day yesterday trading on modest softer territory, pressured lower from the close on Tuesday. The morning session below par before reversing the trend to gain momentum and trigger stops along the way. in limited volume. The volume in both New York and London markets modest and sellers absent at the top, a choppy session ensued. As the day progressed the arrival of the America’s at the start of their business day, brought fresh volume to the arabica market to accentuate the technical day, with speculative short covering activity taking the floor. The New York market gained territory quickly, London more gradual to follow suit and post gains throughout the afternoon session. The New York market capped at the highs toward the latter half of the day, to slip back and tread in positive territory, off the day’s high, the latter day introduced buying volume to track higher, not touching the ceiling of the earlier highs although this market settled on a very firm note at the close. The London market followed on a firm note at the close, with most of the earlier gains of the day intact.
The London market ended the day on a positive note with 94.12% of the earlier gains of the day intact, while the New York market ended the day a likewise positive note, with 91.11% of the earlier gains of the day intact. This firmer close for the markets, might indicate some degree of support and direction with both the New York and London market near to the highs of the day in modest volumes of trade. One might therefore think that the markets will be set for a buoyant start to early trade today, against the prices set yesterday, as follows:
LONDON ROBUSTA US$/MT NEW YORK USC/LB.
JAN 4770 + 144 MAR 303.70 + 8.20
MAR 4751 + 147 MAY 301.75 + 8.10
MAY 4702 + 158 JUL 297.25 + 7.65
JUL 4638 + 161 SEP 292.20 + 7.15
SEP 4556 + 160 DEC 284.25 + 6.95
NOV 4483 + 159 MAR 276.25 + 6.80
JAN 4409 + 159 MAY 268.05 + 6.35
MAR 4344 + 159 JUL 260.00 + 5.95
