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Coffee Prices at 6-Year High as Extreme Cold Weather Hits Brazil Coffee Price Outlook Analysts forecast a significant draw in coffee inventories as supply falls this and next year The freeze was the most widespread and severe in more than 25 years Chart by TradingView Coffee C futures contracts – the world’s benchmark for Arabica coffee – surged to the highest level seen since December 2014. This happened after extreme cold weather hit Brazil’s major coffee fields. Temperatures in south Minas Gerais – the country’s most productive region - fell below zero degree Celsius, causing frost and freeze. This may severely impact coffee plants’ yield for this and next year. The usual average temperature at this time of the year in the region is at around 20 degree Celsius.

Minas geraisRepublic ofMargaret yangCoffee priceYear highExtreme cold weather hits brazilExporting countries duringExporters duringமினாஸ் கெரைச்குடியரசு ஆஃப்மார்கரெட் யாங்கொட்டைவடி நீர் ப்ரைஸ்ஆண்டு உயர்ஏற்றுமதியாளர்கள் போது