
Arabica and robusta coffee futures fell on Monday as the Brazilian real weakened more than 1% against the dollar, hovering just above a 10.25-month low. The real's slide followed President Lula da Silva's surprise election victory, and Vietnam reported October coffee exports up 61% year on year.
A weaker real lets Brazilian exporters earn more dollars per bag, encouraging faster sales and adding supply pressure on coffee futures. Rising Vietnamese robusta exports add to the bearish tone, though coffee is outside the feed-ingredient core and the story has limited direct effect on feed commodity prices.
After 213 past bearish macro events, USDBRL moved a median -0.2% over 5 sessions (46% higher; middle half -1.5% to +0.9%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.