Coffee prices surge, Canadian dollar weakens
This is a U.S. news story, published by Global News, that relates primarily to von Massow news.
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coffee pricesGlobal News
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Business & Economics
Coffee prices spike amid Trump tariff threats. Is your cup of joe at risk? - National | Globalnews.ca

65% Informative
Coffee futures prices have surged nearly 50 per cent on the Intercontinental Exchange , rising to above US$3.75 per pound as of Thursday .
That’s nearly double the price year-over-year , with Reuters pointing to supply concerns out of Brazil as one factor contributing to the latest surge in coffee futures prices.
The loonie has lost nearly seven per cent in value year over year compared to the U.S. dollar, priced at around 69.4 cents US .
Coffee shops and processors source their beans based on long-term contracts set in futures market.
If U.S. tariffs are imposed on agricultural exports from foreign nations, the impact on global prices would be “complex,” von Massow says.
The price of Colombian -cut flowers may fall for Canadians if growers are suddenly cut off from the U.K. market.
The supply crunch and weak loonie will put “upward pressure” on Canadian coffee prices in months ahead .
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