Posted on 05/18/2025 2:51:53 PM PDT by ChicagoConservative27
July arabica coffee (KCN25) Friday closed down -9.35 (-2.49%), and July ICE robusta coffee (RMN25) closed down -106 (-2.13%).
Coffee prices on Friday fell sharply, with robusta posting a 5-week low. Signs of bigger coffee supplies are weighing on prices after Safras Mercado on Friday reported that Brazil's 2024/25 coffee sales were 97% done as of May 13, above the 94% from the same time last year.
An increase in current coffee inventories is also pressuring coffee prices. ICE-monitored robusta coffee inventories rose to a 7-1/2 month high Friday of 4,890 lots. Also, ICE-monitored arabica coffee inventories rose to a 3-month high Friday of 851,169 bags.
(Excerpt) Read more at barchart.com ...
ICE monitored?
Can we just free them up for deportations? ;-)
BestnewsI’veheardallday! I’mgonnamakeanotherpot.
Trump’s tariffs will increase already skyrocketing coffee prices, and businesses are scrambling to rethink their supply chains
https://fortune.com/article/trump-tariffs-coffee-bean-prices-supply-chain-small-business/
When does Trump think the USA will become a major player in growing coffee?
COFFEEEEEEEE! Did I just wax a tad too enthusiastic?
As soon as Columbia becomes the 57th state.
One year after the globe finally warms up and Canada is able to support human life.
Anything good economically happening is due to the wonderful Brandon economy finally kicking in. Never due to bad orange man. /sarc
Jackie Chiles:
Who told you to take the free coffee? I didn’t tell you to take the free coffee. Coffee’s not hard to get. I can get my own coffee! I wanted to see what they were going to say next!
Obama said we already had 57 states
I don’t know. I just posted the link. Maybe you should ask the author of that report, who clearly seems to have gotten it wrong in regards to prices.
Not unlike becoming a major player in Cloves....
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