President Trump has recently reversed course on his previous tariff policies by removing tariffs on over 200 agricultural staples, including beef and coffee, a move celebrated by some of his supporters. This decision follows the initial imposition of tariffs on food products in April, a move that was praised for its support of American food production. The change has prompted criticism and irony, as it contrasts with Trump’s historical support for tariffs. The decision to lower tariffs comes as Americans are dealing with increased food costs, with prices of staples like coffee and beef rising significantly in recent months, potentially influenced by recent Democratic wins on the topic of affordability.
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Coffee prices in New York are undeniably on the rise, and it’s a trend that’s quickly becoming a reality for coffee drinkers across the city and beyond. It seems roaster prices have already increased by roughly 20% in the first month of this price increase. While that’s significant, the anticipation is that prices will continue climbing, potentially by another 5% to 10% in the coming months. This isn’t just some fleeting fluctuation; it’s a situation with deep roots, and the impact is being felt by everyone from local coffee shops to those stocking their shelves at home.
The current situation is largely a result of a couple of key factors.… Continue reading
China welcomes 183 Brazil coffee sellers in wake of US tariffs.
It’s fascinating to think about how geopolitical moves can ripple through the global economy, isn’t it? The news that China is welcoming 183 Brazilian coffee sellers is a direct consequence of the US imposing tariffs. It feels like a shift in the world’s coffee trade, and a pretty significant one at that. This isn’t just about China suddenly deciding they *really* like Brazilian coffee, it’s about Brazil finding a way around the US tariffs that were put in place. Essentially, Brazil’s coffee exporters are now finding a lucrative market in China, which is a clever adaptation to the changing trade landscape.… Continue reading
Arabica coffee futures surged to a record high of $3.56 per pound, surpassing the previous record set in December. This price increase followed the retraction of President Trump’s threatened tariffs and sanctions on Colombia, a major coffee exporter to the U.S. The potential impact of these withdrawn tariffs on the coffee market was significant, given the substantial volume of Colombian coffee imported by the United States. However, the threat remains in reserve, and the broader implications of potential future tariffs on other countries, including Canada, Mexico, and China, remain a concern for commodity markets.
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John Q. Hosedrinker 
Matt Underwood