Coffee exports to the USA fall by 47% and demand is expected to remain unmet

The United States' taxation is putting pressure on the coffee market, which reacts with strong price volatility. However, this has been losing strength in recent days, especially in futures contracts. In one week, losses amount to almost 3%. According to a survey by the National Supply Company (Conab), from August 1st to 25th, Brazilian exports of the grain to the US fell by 47%. According to the director of Faros Consultoria, Haroldo Bonfá, the volatilities are part of the monitoring of the exchanges, both in London and in New York. According to him, the North American "tariff shock" removes 7 to 8 million bags annually that should be sent to the United States, so the sector is seeking alternatives, such as sending coffee to Canada or Mexico and then processing it. Brazil already has a history of trading with these countries. The analyst comments that in the United States there is a big discussion about inflation. A 50% increase in the price of the raw material is reflected in ...