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2025-07-28 20:06:52
[Arabica coffee futures climb as adverse weather in Brazil raises supply concerns] Arabica coffee futures prices climbed as the market worried that adverse weather in Brazil, a major producing country, could affect next year's crop. Following a severe hailstorm in Minas Gerais last Friday, the market is paying close attention to whether coffee crops were damaged, Harry Howard of Sucden Financial Ltd. said in a report on Monday. He said the storm could raise concerns that the crop's leaves were completely knocked off, which could affect next year's harvest prospects. At the same time, the U.S. threat to impose a 50% tariff on Brazil has also added to market uncertainty.
