Coffee is one of the world's most important cash commodities. It is a tropical evergreen shrub that was being cultivated in Yemen as long ago as the 15th century or earlier. The two types of beans commonly used in commercial coffee production are arabica and robusta. Arabica is the most commonly produced and traded coffee. Coffee futures are traded at the Intercontinental Exchange (formerly at the New York Board of Trade, and formerly at the Coffee, Sugar and Cocoa Exchange), as well as on the Bolsa de Mercadorias & Futuros (BM&F), the Tokyo Grain Exchange, and Liffe.
World Coffee Sources
Brazil is the world's largest coffee producer, accounting for about 36 percent of world production. Vietnam and Columbia are also large producers. In the U.S., the only significant areas of coffee production are Puerto Rico and Hawaii.
- The Story of Coffee. International Coffee Organization.