Coffee futures in New York have reached their highest levels in over two decades due to concerns about crop yields in major coffee-producing countries.

The price of Arabica coffee, which is popular for specialty brews, rose by up to 2.7% on Monday, reflecting ongoing supply disruptions affecting key producers like Brazil and Vietnam.

This year has seen a significant increase in coffee prices, with the more affordable robusta variety, commonly used in instant coffee, also reaching its highest point since the 1970s.

These developments are expected to result in higher costs for both roasters and consumers as the coffee market deals with the challenges posed by these supply disruptions.