MILAN – Coffee futures markets closed virtually unchanged on the day of the Trump administration’s announcement on tariffs. Yesterday, Wednesday 2 April, 2025, both coffee exchanges closed with minimal losses. New York (May) lost 20 points ending at 388.85 cents. London (May) fell $6, to settle at $5,366.
The market continues to be supported mostly by the weather situation in Brazil, where recent rains have brought only partial relief after more than 30 days of drought, which is expected to adversely affect bean filling and ripening. Forecasts predict scattered rains for the days to come.
Limiting the rise of coffee futures, on the other hand, is the fear that rising retail prices have started to erode demand.
In an already uncertain situation, in terms of general and specific fundamentals, the spectre of the EUDR, which is scheduled to come into force at the end of 2025 (mid-2025 for SMEs), is hovering again.
As part of the implementation process, the Commission is expected to present a country benchmarking methodology framework by 30 June 2025. This framework is a critical component of the regulation, as it will classify countries as low-, standard- or high-risk, based on their levels of deforestation.
Meanwhile, a new EUDR compliance guide has been published. Written by Elisa Criscione, founder and CEO of Digital Coffee Future, the guide has been developed in partnership with Rabo Foundation and provides step-by-step guidance for coffee producers, producer associations, cooperatives, and local traders on adopting technology for compliance.
It includes a detailed breakdown of different tool categories, specific easy-to-follow recommendations based on the user’s role in the supply chain, and a carefully curated selection of tools for users to explore.
The EUDR Compliance Guide is now available for free download (English and Spanish) here: https://www.digitalcoffeefuture.com/eudr
