Coffee prices have reached a 13-year high due to extreme weather conditions impacting coffee production, particularly in Brazil, which accounts for 40% of the world's production. The upcoming 2025/26 season is crucial in determining whether prices will fall. Weather conditions in Brazil and Vietnam, the world's other major coffee producer, will influence the market. While robusta prices have risen due to south Asian weather conditions, they may fall in the future. The new European Union Deforestation Regulation (EUDR), set to be enforced on December 30, 2022, could further increase prices by adding traceability requirements. However, non-compliant coffee is expected to be bought by emerging markets like China, and there may not be enough compliant coffee to meet European demand, potentially leading to higher prices to ration demand.