Brazil drought fuels coffee price hikes
This is a Canada news story, published by Global News, that relates primarily to Michael von Massow news.
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•Rising coffee prices are putting a fresh grind on your local café - National | Globalnews.ca
64% Informative
Drought in Brazil and Vietnam are among a handful of factors driving up global coffee prices.
The average retail price for roasted or ground coffee in Canada has risen about 1.6 per cent in the past year .
Food economist Michael von Massow says he expects a “significant increase” in the end price.
The most stark impacts of climate change have yet to be felt in many parts of Canada .
Coffee prices will have to compensate for a commitment to quality, says Pesce.
Pesce says climate change is a way that the climate change narrative is really going to hit home.
Despite the pressures, Langenbahn says he feels comfortable with the outlook for Happy Goat .
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