
Daily Coffee Report 8/12/26
Daily coffee report

- Coffee
By: Diana Delgado, Contractor

US-Colombian Presidents Met, More On the Agenda up Next, Including Agricultural Exports
Bogota (Coffee Network)- US president Donald Trump and Colombia president Gustavo Petro met yesterday in Washington where they discussed sanctions that the US has imposed on Colombia and cooperation on counter-narcotic efforts, while it opened a diplomatic channel that could speed up exports of agricultural products including coffee and cocoa.
The meeting, which took two hours, opened the doors to improve military and economic cooperation.
The Colombian–US Chamber of Commerce (AmCham) said a diplomatic channel between Colombia and the United States has reopened following a meeting between them, urging both governments to translate the dialogue into a concrete results-driven agenda.
“Now it’s time to turn it into an agenda. The meeting can be the starting point for an agenda of results, to the benefit of both countries,” AmCham said.
The business group stressed that Colombia must conduct diplomacy with discipline, calling for direct communication channels, aligned messaging and “zero improvisation.” It urged authorities to reduce political friction and focus on implementation.
AmCham said Colombia must also fully comply with and implement the bilateral anti-drug agenda, including verifiable coca eradication, dismantling trafficking networks and strengthening cooperation to accelerate productive alternatives such as cocoa and coffee value chains. It added that security corridors should be closed through intelligence-sharing, interdiction and territorial control, particularly along border regions.
The chamber also called on Colombia to leverage US support to coordinate joint efforts with Venezuela against drug trafficking and criminal gangs, and to activate actions for Venezuela’s economic reconstruction. Initial efforts should focus on mining and energy before expanding into infrastructure, logistics and services, with clearly defined projects and timelines, it said.
Trump said the leaders discussed counter-narcotics cooperation and would continue to work on the issue “and some other things too, including sanctions.”
The meeting follows a period of diplomatic tension after Trump imposed sanctions on Petro and members of his family, citing alleged links to illegal drug networks. Petro, Colombia’s first leftist president, has strongly opposed US efforts targeting former Venezuelan leader Nicolás Maduro and other US policies in the region. The US granted Petro a five-day visa for the visit.
Colombia exported almost $50.199 billion worth of Colombian products to the world in 2025, up 1.9% on the year, according to the country’s statistics department Dane. Of that total, $15.307 billion were agricultural products, up from $11.49 billion in the previous year.
Coffee exports totaled $5.853 billion last year, up from almost $3.439 million in 2024. Measured in tonnes, the country exported 674,289 tonnes of coffee last year, up from 647,962 tonnes in 2024. The US bought $2.283 billion of coffee products, up from $1.339 billion in 2024, Dane added.
By Diana Delgado
Sources: Presidency, DANE, AMcham
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Daily coffee report


August 12 – Today’s focus is on inflation, with the July consumer price index data out this morning. We have this, and one more month of data, ahead of the next Federal Reserve meeting. Of course, headlines from the Middle East and the Black Sea wars also have an ongoing influence on the markets. Stock futures posted gains this morning, while the VIX traded just below 15. The dollar index traded near 99.7. Yields on 10-year Treasuries are trading near 4.66%, while yields on 2-year Treasuries are trading near 4.18%. WTI crude oil is trading near $83, while Brent trades near $88 per barrel. The grain and oilseed markets rebounded from yesterday’s losses ahead of today’s highly anticipated WASDE crop report that is due out at Noon Eastern Time.


Daily coffee report

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