Coffee Futures Rise As Brazil's Decline In Shipments Threatens To Tighten Global Supplies – CoffeeTalk

Coffee futures have seen a rise as Brazil’s decline in shipments threatens to tighten global supplies, a market already under pressure from US tariffs on the country’s goods. The most-active contract of premium beans rose by up to 2% in New York, while the robusta variety rose by 2.9% in London. The decline in exports of green coffee beans in Brazil is partly due to farmers hoarding beans in hopes of higher prices amid uncertainty over US tariffs on Brazilian goods, including coffee. This tightening supply is contributing to the continued drawdown of stockpiles held at exchange-monitored warehouses.

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