In addition to pushing the price up for your morning java, the impact of droughts and wildfires is leading small-scale coffee producers to struggle, putting some businesses in Brazil at risk of having to cease activity, as the Associated Press reported.
Brazil’s Ambassador to Vietnam highlights the significance of Vietnam’s participation in the G20 Summit, emphasizing its growing global influence and stable political-economic framework.
Wholesale coffee prices, which typically adjust every three months, have been going up for most of the last year, she said. For Country Fair, a pattern has emerged, with rising wholesale prices effectively subtracting 5 cents a cup from the chain's profit margin every three months.
March arabica coffee (KCH25) today is up +2.85 (+0.88%), and January ICE robusta coffee (RMF25) is down -10 (-0.20%). Arabica coffee prices are seeing support today from below-average rain in Brazil,
Wednesday closed down -13.95 (-4.17%), and January ICE robusta coffee (RMF25) closed down -107 (-2.03%). Coffee prices retreated Wednesday on concern that prices rose too far and too fast this week. Long liquidation emerged in coffee futures Wednesday after coffee-trader Neuman Gruppe GmbH said Brazil's 2025/26 arabica
Brazil's top coffee roasters including JDE Peet's, one of the world's biggest coffee companies, are set to hike prices domestically from early next year after adverse weather caused raw bean prices to spike.
Vietnam is a success story in hunger elimination and poverty reduction and is ready to share its experiences. However, Vietnam has not been going alone.
Growers in Brazil, Vietnam and Colombia, who make up around 70% of production, have faced extremes linked to the El Niño climate pattern, which had significant impacts on the first half of 2024.
March arabica coffee (KCH25) on Tuesday closed up +1.35 (+0.41%), and January ICE robusta coffee (RMF25) closed up +33 (+0.65%). Arabica coffee prices traded higher on continued support from below-average rain last week in Brazil,
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March arabica coffee (KCH25) on Monday closed up +2.25 (+0.69%), and January ICE robusta coffee (RMF25) closed up +102 (+2.04%). Arabica coffee prices saw support from below-average rain in Brazil, the world's largest producer of arabica coffee.
If you're already feeling exhausted about forking over $7 for a latte, brace yourself: Coffee prices are likely to rise even more in 2025. Find out why.