Coffee futures hit 47-year high on global supply and EU law fears

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Financial Times 13h ago

Coffee futures hit 47-year high on global supply and EU law fears - Financial Times

Quick Summary:

Hot and dry weather in Brazil has stoked concerns that output from the world’s biggest arabica producer will fall next season, reducing tight global supplies.

Brazil’s 2025-2026 arabica harvest looks set to fall short, just when the industry was banking on it to put the market into a supply and demand surplus, Araujo added.

With European roasters rushing to build their inventories for next year, “US roasters have come into the market too to make sure they do not get priced out,” Araujo said.