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Barchart
Barchart
Rich Asplund

US Tariff Threat on Imports from Brazil Underpins Arabica Coffee Prices

September arabica coffee (KCU25) today is up +0.70 (+0.24%), and September ICE robusta coffee (RMU25) is down -74 (-2.23%).

Coffee prices today are mixed, with arabica coffee posting a 1.5-week high and robusta slumping to a 14-month low.   Arabica coffee has positive carryover from Wednesday, when President Trump said he would impose 50% tariffs on US imports from Brazil effective August 1, which fueled concerns that the higher tariffs will disrupt coffee supplies from Brazil, the world's largest producer of arabica coffee.

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