Commodities
Arabica Coffee Futures Hit Highest Since 2011 on Supply Worries
- Futures surge as dry weather in Brazil threatens output
- Prices are up roughly 40% this year as 2025/26 season nears
A worker sifts coffee beans at a coffee plantation in Brazil.
Photographer: Carl de Souza/AFP/Getty ImagesA cup of coffee is set to get even pricier as persistent supply disruptions push costs for premium arabica beans to the highest in 13 years.
Futures surged as much as 4.8% to $2.718 a pound in New York, the highest since 2011. Prices are up roughly 40% this year as shortages of the cheaper robusta beans stoke demand for the arabica variety favored by specialty chains.