
Daily Coffee Report 10/2/26
Daily coffee report

- Coffee
By: Diana Delgado, Contractor

Arabica Futures Decline Slightly
Coffee Network (Bogota) - After closing lower last week, coffee futures continued to decline on Monday without a defined trend.
The December26 contract (KCc1) is trading lower at 312.30, down 0.65 at the time of writing. It traded as low as 309.05 and as high as 317.15 with a low volume of 8,563 lots traded so far this morning.
Prices remain without a defined trend but are trading within the Thursday-Friday’s trend of 317 and 306.45 said a coffee trader, despite the weekly drop of last week.
In Colombia, also the El Nino is expected to intensify in September. According to Cenicafé’s coffee agrometeorological bulletin number 133, conditions of low precipitation are predicted to intensify in September, with below-normal rainfall across most of the coffee region. The exceptions are specific sectors of La Guajira and Magdalena, southern Huila, eastern Cundinamarca and Boyacá, southern Norte de Santander, and the southern coffee area of Caquetá, where near-historical conditions are expected. For the July-August-September 2026 quarter, El Niño conditions are forecast to continue (100% probability) and persist through April 2027 (97% probability).
In July, there were fewer showers across all the departments of the country where coffee is grown.
In Colombia, the "El Niño" phenomenon has a significant positive impact on production and productivity across the vast majority of the coffee region.
On the positive side, there is a Colombia's logistical recovery—with Pacific ports fully reopened after the August 10 earthquake— which should ease some pressure on washed arabica supply although the few coffee that is coming out are the left overs of picking from the southern departments of Huila, Narino and Cauca. In Colombia, deteriorating security conditions forced a heavily guarded convoy of 39 tractor-trailers loaded with specialty coffee from the coffee-producing department of Nariño to be escorted to P1acific ports.
The multi-exporter caravan departed Pasto at 5:00 AM local time on Thursday, passing through critical security bottlenecks along the primary transit corridor connecting Nariño with northern distribution hubs and export ports. The operation was coordinated by the National Federation of Coffee Growers (FNC) alongside Colombia’s National Army, including the 29th Brigade and Light Cavalry Group No. 8.
In the central department of Tolima, which has been hit by multiple forest fires, has also experienced increased deterioration of security conditions.. There ongoing clashes involving FARC dissident groups—specifically targeting National Police and Army units with ambushes, improvised explosive devices, and drone attacks—have created severe security disruptions in southern Tolima. Concurrently, illegal gold mining operations linked to these insurgent factions in municipalities such as Planadas, Chaparral, and Ataco are destabilizing local ecosystems, water resources, and rural supply chains. Armed blockades, attacks on transportation infrastructure, and extortion rackets restrict the free movement of coffee harvesters, logistics personnel, and dry parchment shipments out of high-density production zone, the source in Planadas said.
The Robusta contract traded at US$3,518 per tonne at the time of writing trading as high as $3,576 and as low as $3,510.
By Diana Delgado
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Daily coffee report


October 2 – The bad news is good news trade is back in full effect, with stock futures surging to point to a notably stronger open following a significantly worse than expected tranche of U.S. labor market data in this morning’s September Nonfarm Payrolls report which we’ll dive into in more depth below. The VIX has broken sharply lower in response, now hovering around 15.5, its lowest level since last Friday. The dollar is following suit as this softens Fed rate expectations, now down 0.2% on the day to trade near 101.86 at the time of writing. Treasury yields are joining in on the drop as well, with the 2-year at 4.74%, 10-year at 5.184%, and 30-year at 5.57%. Crude oil is notably lower to start the day, with nearby WTI down 3.9% to trade near $89.30 and nearby Brent down 3.1% to trade near $99.10. Meanwhile, the ags are largely mixed to start the session, with parts of the wheat complex narrowly in the green at the break while corn and soybeans hang in the red.


Daily coffee report

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