Coffee Prices Going Up 2024. Coffee increased 66.20 usd/lbs or 35.16% since the beginning of 2024, according to trading on a contract for difference (cfd) that tracks the benchmark market for this. In sum, this leading indicator is either supportive of higher coffee prices in 2024 or will put a cap on the coffee price slightly.
According to statistics canada, retail coffee prices have risen nearly 25 per cent over the last four years. Most agricultural commodities are experiencing price drops compared to last.