Above view of coffee bean bowls

Coffee Prices

Coffee prices averaged USD 258 cents per pound in September, up 6.3% from August. On 30 September, the commodity traded at USD 270 cents per pound, up 11.6% from 30 August.

September’s price uptick was largely due to prolonged concerns over Brazil’s supply. Recent rains in the key producing region Minas Gerais likely failed to alleviate the impact of the country’s worst drought in over 40 years on crops; Brazil’s agricultural agency, Conab, cut its 2024 production forecast in September.

This chart displays Coffee (US¢/lb) from 2022 to 2024.

Coffee Arabica (prices in US¢/lb, aop)

Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Coffee Arabica 184 186 156 170 184 219 246 -

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Price forecasts and historical data for Coffee.

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