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Barchart
Barchart
Andrew Hecht

EXPLAINED: Is coffee percolating to a new record high | Rare Historical Photos

Ice Arabica

I last wrote on the ICE Arabica coffee futures market on October 29, 2024, when I concluded:

Eclipsing the $3 upside target in the Arabica futures could take coffee prices significantly higher as the agricultural commodity depends on Brazilian supplies. Coffee prices at the Q3 $2.7505 per pound higher were triple the level at the May 2019 low, but the potential for even higher highs remains a clear and present danger to coffee drinkers worldwide over the coming months.  

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