Coffee prices are rising due to supply and demand imbalance caused by drought in Brazil and Vietnam. Global demand, supply chain disruptions, and labor shortages contribute to tightening supply. December coffee futures show a buying opportunity, with an uptrend line and bullish technical indicators. Resistance at 400.00 cents could lead to an upside price objective of 480.00 cents.

Read more at Yahoo Finance: Coffee Prices Are Percolating. How Much Higher Will They Go Here?