With coffee futures price approaching quarterly highs, commercial hedgers are locking in positions. The latest CFTC Commitment of Traders report shows net long speculative positions rising by 5%, underscoring bullish sentiment. Robusta coffee also has support from weather concerns in Vietnam. Heavy rains are expected in Vietnam's Central Highlands, the country's main coffee-growing region, over the next week due to remnants of Typhoon Bualoi. The heavy rain has caused flooding on some coffee farms and roads, keeping farmers out of their fields. The choice of 1 October for International Coffee Day is no coincidence, as this date marks the start of the ICO coffee year, which runs from October to September. So yesterday marked the start of the new 2025/26 coffee year. Market watchers note coffee futures price action is consolidating between $2.28–$2.34/lb, a technical pattern that often precedes sharp directional moves. Fundamental drivers include lower Colombian output and weaker USD support for commodity valuations.