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Coffee price hits highest since 1977 on Brazil crop fears

  • The price of Arabica coffee has reached its highest level since 1977, reaching 320.10 US cents per pound today due to supply concerns from Brazil's drought.
  • Brazil's drought has raised fears about coffee crop production potential for 2025/2026, impacting the world's largest coffee producer.
  • Analysts have noted additional price rises due to geopolitical factors, including Red Sea shipping disruptions and possible new regulations in the European Union on deforestation.
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  • 41% of the sources lean Right
42% Right
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