Donald Levit analyzes the growing demand for coffee beans with a particular look at Brazilian coffee futures. See my top takeaways from his article off the site Economic Calendar.
- Brazilian coffee bean futures, of which Arabica is the top crop, are enjoying a 14-month high currently
- Global demand for coffee beans is set to hit a new record this year, directly affecting Arabica beans as they are the preferred choice over Robusta beans
- Arabica coffee futures have increased by 20%, and Robusta 9%, all since the end of May this year