Brazil Faces Worst Drought in Decades, Threatening Coffee Supply and Prices

Severe drought and wildfires in Brazil are impacting coffee farms, potentially leading to higher global coffee prices.

Brazil, the world's largest coffee producer, is experiencing its worst drought in over seventy years, severely affecting coffee farms.
Farmers in key growing regions are reporting significantly reduced coffee yields and compromised future crops due to scarce water and above-average temperatures.
The drought is also causing wildfires, which have damaged thousands of coffee plants and other agricultural areas, exacerbating the crisis.
Global coffee prices have risen nearly 55% from the same month last year, driven by supply shortages in both Brazil and Vietnam, the second-largest coffee producer, which is also facing drought.
Experts warn that unless consistent rainfall returns, the situation is unlikely to improve in the near term, further straining the coffee market.