Coffee prices rose over nine percent on Tuesday as traders fear that dry conditions in Brazil could hurt coffee bean production. Brazil is the top coffee bean grower and a lack of rain at a critical part of the coffee season is hurting the crops. So far, the crops have been reduced by five percent. Vietnam was expected to step up and produce more coffee, but that hasn't happened. Coffee chains are being watched for the effect on their prices, but they won't be affected for another two to three months. TheStreet's Debra Borchardt reports from Wall Street.

Disclosure: TheStreet's editorial policy prohibits staff editors, reporters and analysts from holding positions in any individual stocks.

More from Video

The Demise of the Great American Supermarket (Watch!)

The Demise of the Great American Supermarket (Watch!)

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

China to Slash Automobile Tariffs and 4 Other Stories You Must Know Tuesday

Listen: Smart Technologies That Could Lure Millennials Back to Motorcycle Riding

Listen: Smart Technologies That Could Lure Millennials Back to Motorcycle Riding

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

60 Seconds: What is the Volcker Rule and How Does it Affect Your Portfolio?

Video: Here's How Global Stocks Can Boost Your Portfolio

Video: Here's How Global Stocks Can Boost Your Portfolio