Coffee Price Today & History KC=F

About the Coffee market

This page tracks Arabica coffee, the higher-grade bean behind most specialty and many supermarket coffees. ICE Futures U.S. describes its Coffee "C" Futures contract (symbol KC) as the world benchmark for Arabica. One contract covers 37,500 pounds and is quoted in cents and hundredths of a cent per pound. It is settled by physical delivery of exchange-grade green beans from approved countries of origin into licensed warehouses in the US and Europe, with premiums and discounts for different origins and ports.

Coffee prices are driven largely by weather in the main growing countries, since frost, drought or heavy rain can damage trees and cut harvests for more than one season. Crop disease, the cost of fertiliser and labour, and the levels of exchange-certified stocks also matter. Demand changes slowly, so supply shocks tend to dominate. Because most coffee is grown outside the US but priced in dollars, currency moves in producing countries can affect how much growers sell.

Sources: ICE: Coffee C Futures