coffee_priceR Documentation

The Primary Commodity Price for Coffee (Arabica, Robustas)

Description

This is primary commodity price data for coffee (Arabica, Robustas) from 1980 to the present. I manually update these data since FRED's coverage since 2017 has been spotty.

Usage

coffee_price

Format

A data frame with the following 3 variables.

date

the date (year-month)

arabica

the price (monthly average) of mild Arabica, via International Coffee Organization data, in nominal US cents per pound

robustas

the price (monthly average) of Robustas, via International Coffee Organization data, in nominal US cents per pound

Details

Data come from International Monetary Fund (Primary Commodity Prices) and International Coffee Organization. The IMF adds these prices are global and the New York cash price, ex-dock