So far, bean prices remain in the recent higher range, reflecting resumption of orders from China. We’ll see…
My guess has been that China will not snub Brazil or any of the newcomers to bean production. U.S. producers will absorb the swing, while others handle steady demand from China. Nothing I’ve read recently seems to say otherwise.
Baffling
China agreed to purchase soybeans, but not necessarily to our benefit. They can still depress our markets, then buy at a discount. Yeah, trump is a legendary dealmaker. Which is why he has multiple bankruptcies in his history.
David S
So much winning.
Also, small typo at bottom of text “streak”
Bruce Hall
I like to use Costco as a reliable measure of what is happening to various food prices. Steak prices have gone up significantly in the past year and a half. A good New York Strip steak went from $10/lb to $16/lb., but coffee has remained pretty constant. I checked my online coffee orders (I buy 8 lbs at a time of organic decaf beans) and find that the current total price is $90. which was identical to September which was identical to July which was identical to May which was idential to March which was a large increase from January of $76.
Perhaps Costco can lock in prices for a year’s contract and not be impacted by tariffs. Regardless, coffee prices did jump by 18% between January and March, but have remained stable since then… at least at Costco. That less than the January to December increase shown of roughly 28% on the graphic, so I guess it pays to shop at Costco… for coffee. https://www.cheapism.com/beef-prices/
Baffling
As i have pointed out before, groceries are significantly more expensive since trump came into office. Coffee is just one example, which is why trump just cut his coffee tariffs-among many other of his TACO cuts yesterday. Costco bills are a minimum 10% higher than last year. Other grocers are even worse. Inflation isvraging in the grocery aisle right now, as most economists predicted it would from tariff and rate cut action. Trump policy at work.
Soybeans – forgive and forget? Matbe not:
https://www.farmersadvance.com/story/news/2025/11/12/china-buys-more-brazil-soybeans-as-us-purchases-stall/87230564007/
So far, bean prices remain in the recent higher range, reflecting resumption of orders from China. We’ll see…
My guess has been that China will not snub Brazil or any of the newcomers to bean production. U.S. producers will absorb the swing, while others handle steady demand from China. Nothing I’ve read recently seems to say otherwise.
China agreed to purchase soybeans, but not necessarily to our benefit. They can still depress our markets, then buy at a discount. Yeah, trump is a legendary dealmaker. Which is why he has multiple bankruptcies in his history.
So much winning.
Also, small typo at bottom of text “streak”
I like to use Costco as a reliable measure of what is happening to various food prices. Steak prices have gone up significantly in the past year and a half. A good New York Strip steak went from $10/lb to $16/lb., but coffee has remained pretty constant. I checked my online coffee orders (I buy 8 lbs at a time of organic decaf beans) and find that the current total price is $90. which was identical to September which was identical to July which was identical to May which was idential to March which was a large increase from January of $76.
Perhaps Costco can lock in prices for a year’s contract and not be impacted by tariffs. Regardless, coffee prices did jump by 18% between January and March, but have remained stable since then… at least at Costco. That less than the January to December increase shown of roughly 28% on the graphic, so I guess it pays to shop at Costco… for coffee.
https://www.cheapism.com/beef-prices/
As i have pointed out before, groceries are significantly more expensive since trump came into office. Coffee is just one example, which is why trump just cut his coffee tariffs-among many other of his TACO cuts yesterday. Costco bills are a minimum 10% higher than last year. Other grocers are even worse. Inflation isvraging in the grocery aisle right now, as most economists predicted it would from tariff and rate cut action. Trump policy at work.