From a report by the International Coffee Organization (ICO):

February saw a continuation of the downward trend of recent months in the coffee market. The ICO daily composite price indicator fell to just below $1.30, more than $0.50 less than the most recent peak of $185.09 in October 2014. Despite this downward pressure on prices, it is expected that world production will be 142 million bags in crop year 2014/15, 4.6 million less than in 2013/14 and the lowest level in three years. That means a deficit in the coffee market in the year, although stocks in exporting countries have so far allowed exports to keep up a strong pace.

The coffee market saw a sharp drop in February, because of better weather in Brazil meant the selling pressure to sell was strong. The ICO daily composite indicator price fell from $148.25 to $128.75 per pound, the lowest level since February 2014. The monthly average was $141.10, 4.8% lower than in January and the lowest in the last twelve months.

More on this topic

Coffee: Global Prices up to March 2017

April 2017

In March the growth in inventories in most varieties reinforces the fact that the market lacks any clear signals of a reverse in the current downward trend.

From the monthly report by the International Coffee Organization (ICO): 

In March, the ICO composite indicator price fell slightly.

Coffee: Global Report up to March 2015

April 2015

Although global demand continues to show dynamism, international prices fell again in March.

From the "Report on the coffee market in March 2015", by the International Coffee Organization (ICO):

In March 2015 the coffee market had its fifth consecutive decline, dominated by speculation about the size of the crop in Brazil for 2015/16.

Coffee: Global Report up to January 2015

February 2015

The climate in Brazil was the main factor affecting the behavior of the international price of the grain in January, starting the month high and closing at $143.43 per pound.

From the Coffee Market Report - January 2015 by the International Coffee Organization (ICO):

Dry weather in Brazil at the beginning of January spurred prices higher, with the daily price of the ICO composite indicator rising from 140.57 US cents/lb to a high of 155.40 by the middle of the month. However, forecasts of rain later in the month punctured this brief rally,causing the ICO composite to fall back down to 143.43 cents by the end of January.Nevertheless, overall rainfall levels in Brazil remain below average, with the development of the 2015/16 crop now at a crucial stage. Furthermore, an infestation of coffee berry borer has led to a state of phytosanitary emergency being declared in the states of São Paulo and Espírito Santo.

Coffee: Global Report up to December 2014

January 2015

In December 2014 coffee prices continued to fall, and the monthly average indicative price calculated by the International Coffee Organization was the lowest since February.

From 'Coffee Market Report - December 2014' by the International Coffee Organization (ICO):

The coffee market ended 2014 with the lowest level in ten months