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Countries must show resilience and adaptability to new global threats.

A record rally in coffee prices shows no signs of slowing, with some analysts warning that it could take years for one of the world's most popular commodities to recover. Drought and high temperatures, along with the world's reliance on supplies from relatively few regions, are seen as the main factors behind the recent price surge. The extraordinary price rally for coffee, considered the second-largest traded commodity after crude oil, comes amid concerns about the 2025 crop in Brazil, by far the world's largest producer. Arabica coffee futures for March delivery hit a new intraday high of 348.35 cents per pound on Tuesday, Dec. 10, their highest level in nearly 50 years. The contract has since pared some of its gains, but remains up a whopping 70% year to date. The last time the price of arabica beans, the world’s most popular variety, traded this high was in 1977 when snow destroyed large swaths of Brazilian plantations.

Colombia's coffee growers' federation said the country's coffee output this year will reach 13.6 million 60-kg bags, up more than 20% from 11.3 million bags in 2023.