Coffee market fluctuates in October with climatic and tariff uncertainties

Among the main elements that pressured prices are uncertainties regarding the possible exclusion of the grain from the list of Brazilian products subject to extra tariffs in the United States. The measure, which is still under discussion, kept agents on alert, with no concrete decisions made so far. In addition to trade issues, the weather also played a decisive role. Meteorological conditions in both Brazil and Vietnam impacted supply expectations. In Brazil, the typical spring rains arrived, contributing positively to the development of arabica coffee crops and favoring robusta in Espírito Santo. Nevertheless, the scenario remains unstable. Cepea points out that, with the price volatility, liquidity in the national spot market was limited. Many producers chose not to close new deals, waiting for more defined scenarios in terms of weather and trade policies. The highlight in the field is the flowering of the 2026/27 crop, which depends on the continuation of rains to ensure a ...