Coffee futures just settled mixed on Friday with arabica up slightly while robusta dropped harder. The market's basically consolidating after getting hammered the last few weeks on supply concerns. Arabica hit a 15-month low and robusta fell to 6-month lows as Brazil's looking at record coffee production next year, up like 17% according to their crop agency. Vietnam's also pumping out massive exports of robusta coffee - January shipments jumped nearly 40% year-over-year. That's a lot of supply hitting the market. Interesting though, the price action today got a small lift from dollar weakness triggering some short covering. The real story is the inventory recovery on ICE - arabica stocks bounced back to 3.75-month highs while robusta did the same. So we're seeing a classic consolidation where prices are trying to find a floor above Thursday's lows. Brazil's coffee exports actually fell hard month-over-month, which is one of the few supportive factors right now. Supply dynamics are definitely the main driver here.