Uganda’s coffee farmers are weathering one of the harshest downturns in recent memory. Over the past few weeks, the price of coffee cherries has plummeted, falling from a peak of Shs15,000 per kilogramme to as low as Shs6,000. For smallholder farmers who rely on coffee as their primary source of income, this steep decline has been devastating.

September coffee futures (KCU25) present a selling opportunity on more price weakness. See on the daily bar chart for September coffee futures that prices are trending down and have just hit a seven-month low.

March arabica coffee (KCH25 ) today is down -1.50 (-0.51%), and January ICE robusta coffee (RMF25 ) is down -182 (-3.76%). Coffee prices today added to Monday's sharp losses, with arabica coffee ...

Coffee seems to have entered the bear territory, with prices now at $390.21/lbs, sharply down from ~$430/lbs earlier in the year.