Coffee and Tea Manufacturers NAICS 311920

Jun 20, 2025 - Coffee Drinking Linked to Longevity

• A new study from researchers at Tufts University suggests that drinking coffee carries life-lengthening health benefits, but only if you pass on the cream and sugar, Healthline reports. Coffee is rich in antioxidants, compounds that protect against oxidative stress in your body caused by damaging free radicals that are believed to be associated with aging. Coffee is one of the biggest sources of antioxidants in the Western diet — outranking both fruits and vegetables combined. That’s because two-thirds of Americans drink coffee daily, according to the National Coffee Association, which means coffee contributes more to people’s antioxidant intake on average. Also, controlled studies examining the effects of caffeine on the brain have demonstrated it can temporarily improve mood, reaction time, memory, vigilance, and general brain function, another plus for coffee drinkers. Lastly, coffee has been repeatedly associated with a lower risk of type 2 diabetes.
• Coffee and tea prices are rising following President Trump’s imposition of a 10% tariff on US imports from all countries in April, World Tea News reports. The US ranks as the world’s second-largest importer of coffee and tea, according to the US Department of Agriculture. Indeed, the nation imports 90% of its coffee and about 80% of its tea, with major producers including Brazil, Colombia, Ethiopia, India, and China all subject to the universal 10% tariffs. Moreover, China was singled out for 145% "reciprocal" tariffs. Coffee and tea prices could rise even further when the 90-day pause on additional reciprocal tariffs that was put in place on April 9 expires and takes effect. Coffee and tea prices had already been rising as climate and geopolitical issues crimped supplies.

• For the first time in its history, the price of coffee futures on the commodities market topped $4 per pound in February, according to Business Insider. Year-to-date, coffee futures prices are up almost 35% and have more than doubled from the same time last year. Climate change, dwindling global stockpiles, and President Trump’s threat to impose a 25% tariff on all goods from Colombia, including coffee, are driving up coffee prices. Although the tariff threat to Columbia was ultimately removed, Trump’s affinity for tariffs and the possibility of a resultant trade war have added instability to commodity markets, including the coffee market. The price of tea is also subject to climate and geopolitics. Tea prices exhibited volatility in 2024 rising steeply in the first half of the year and then falling back to January 2024 levels at the start of 2025, according to data from Trading Economics.
• Producer prices for coffee and tea manufacturers are soaring, driven upward by high prices for coffee beans and tea leaves due to poor harvests and labor shortages in key growing areas and tariffs on US imports. The producer price index (PPI) for coffee and tea manufacturers, which measures prices producers receive for their products, jumped 29.2% in May compared to a year ago after rising a comparatively modest 5.2% in the previous annual comparison, according to the latest US Bureau of Labor Statistics data. At the retail level coffee prices increased by 11.5% year over year in May and 1.2% from April, per the BLS. Employment by makers of coffee, tea, and other food products contracted 2.6% year over year in April, while average wages at food manufacturers rose 3.3% YoY in May, BLS data show.