SAO PAULO, Brazil – Coffee prices were firm in Brazil in mid-August. This scenario is linked directly to the cold weather verified in most part of the Central-Southern area in Brazil, especially in arabica producing regions, reports CEPEA in its latest update.
Players surveyed by Cepea say that frosts were observed in some locations, such as Mogiana Paulista and Cerrado Mineiro. In the south of Minas Gerais, the weather was cold, but frosts have not been registered so far. Agents do not expect significant damages to the crops, although impacts have not been estimated consistently yet.
Besides the cold weather, the long period without rainfall on Brazilian coffee crops may affect plants that will produce in the next season (2025/26). It is still early to report about the development of the next crop, but initial conditions for 2025/26 crop treatments are already a challenge in Brazil.
The CEPEA/ESALQ Index for the Arabica coffee type 6, delivered in São Paulo, closed at BRL 1,408.08 per 60-kilo bag on August 15, downing only 0.55% compared to that on July 31.
The CEPEA/ESALQ Index for the robusta coffee type 6 closed at BRL 1,295.74 per 60-kilo bag on August 15, upping 1.92% in the same comparison. Robusta quotations resumed increasing, following rises observed for arabica, since robusta crops were not affected by frosts.
Brazilian coffee shipments increased 26% in July compared to the same period last year, totalling 3.8 million bags, a record for the month, according to data from Cecafé. Exports have been favored by Robusta sales: the amount shipped rose 82.2% from July/23 to July/24, while arabica exports upped 13%.
