How much did coffee cost in 1977?
In the 1970s, coffee prices were volatile, reaching record highs in 1977 when the Coffee C price hit $3. This spike was largely driven by the infamous Brazilian frost of 1975, which decimated crops and sent shockwaves through the market. Coffee futures prices then climbed from roughly $2 a pound in May 2024 to a peak of $4 by April 2025, one of the steepest increases the market has seen in decades, according to Intercontinental Exchange data.On January 29, 2025, many sources reported that coffee prices hit an all time high or record highs at $3.Coffee prices remain high despite an earlier dip. As production recovers—especially in Colombia, the world’s second-largest Arabica producer—Arabica prices are projected to fall by 13 percent in 2026 and 5 percent in 2027, following a projected 50 percent increase in 2025.Topline. Coffee prices have risen 20% since last year because of inflation and amid tariff disruptions to traditional supply lines, exemplifying a broader rise in grocery prices across the board.
Are coffee prices expected to drop?
Coffee prices remain high despite an earlier dip. As production recovers—especially in Colombia, the world’s second-largest Arabica producer—Arabica prices are projected to fall by 13 percent in 2026 and 5 percent in 2027, following a projected 50 percent increase in 2025. Sustained high green coffee prices have been a defining factor of the coffee industry in 2025. In early February, arabica futures surged to their highest-ever levels, reaching US$4. September.Starbucks proudly sources 100% arabica coffee from more than 450,000 farmers in 30 markets along “The Coffee Belt” – in Latin America, Asia Pacific and Africa. Our buyers, based in Lausanne, Switzerland, scour the globe for the finest coffees, including our premium, single-origin Reserve selections.Coffee is primarily traded on the Intercontinental Exchange (ICE), with Arabica and Robusta coffee beans being traded on this exchange. Arabica coffee futures are also traded on the New York Mercantile Exchange (NYMEX).
Why is the coffee price increasing?
Traditionally, coffee yields a good harvest one year and a smaller one the following year. This year, 2025, is expected to be a poor one. The price has skyrocketed because global stocks are at historic lows due to a lack or excess of rain, and extreme cold or heat. The anticipated global supply shortfall is a central concern moving into 2025. Brazil’s depleted inventories and projected smaller arabica crop are expected to create a substantial gap in the global coffee supply.Due to the effects of climate change, the land suitable for coffee farming could shrink by 50% by 2050, according to a 2014 study. The analysis found that highly productive areas in the two largest coffee-producing countries in the world, Brazil and Vietnam, may become unsuitable for coffee in the future.
Why are coffee futures high?
Coffee prices ebb and flow according to supply and demand, as they do for other commodities. Extreme weather in major producers like Brazil and Vietnam crimped supply, pushing up prices. Which Country Imports the Most Coffee? The US is the world’s largest coffee consumer, importing 26.Brazil. Situated in South America, Brazil is the top producer of coffee. They produce 2,68 million metric tons of coffee on average every year.
Will coffee prices go up in 2026?
Robusta coffee prices** on ICE Futures Europe rose slightly, with the January 2026 contract at $4132/ton, up $23/ton, and September 2026 at $3792/ton, up $16/ton. Arabica on ICE Futures US climbed, March 2026 at 355. December 2026 at 323. Coffee is expected to trade at 365. USd/Lbs by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 401.