Coffee Prices Fluctuate Amidst Regulatory Delay & Weather Concerns

Coffee prices experienced a minor dip following the European Parliaments decision to postpone a new deforestation law, but losses were mitigated by global weather concerns. Dry conditions in Brazil and heavy rain in Vietnam threaten coffee production, while Brazil is projected to increase Arabica coffee production by 29% in the upcoming marketing year. The coffee market remains volatile due to regulatory changes, unpredictable weather, and varying production forecasts.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.