Today: 6 July 2026
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OTCMKTS:SHPH 28 January 2026

Stock Market Today

  • Arabica Coffee Sinks Before US Holiday; Wet Brazil Weather Lifts Quality Fears
    July 6, 2026, 9:59 AM EDT. Arabica coffee prices dropped 2.81% Thursday as traders took profits going into the US holiday break. Robusta was up 0.32%. Recent heavy rain in Brazil-the world's biggest coffee grower-has slowed the harvest and raised worries about crop quality, which offered some support to prices. Minas Gerais saw rainfall nearly 20 times its normal level last week, making fieldwork tough. Some Brazilian growers are holding back beans, waiting for prices to move higher on possible El Niño effects, with NOAA saying there's a 67% chance this year. ICE arabica stockpiles fell to the lowest in 2.25 years, which helped the bulls. But forecasts show a record Brazil coffee crop for 2026/27 and a growing arabica surplus worldwide-factors likely to drag on prices further out. Rising exports from Vietnam added to the pressure on robusta.
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