Climate-induced crop challenges drive coffee prices

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lower coffee prices

torontosun

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CHARLEBOIS: Why your cup of coffee won't get cheaper any time soon

Summary

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84% Informative

A pound of arabica coffee costs $ 2.70 US , reflecting an increase of over 80% since September of last year .

This surge is largely due to severe droughts and wildfires in Brazil and Vietnam , the world’s top coffee producers, which together account for around half of the global coffee bean production.

Until lab-grown coffee becomes mainstream, it is unlikely that consumers will see lower coffee prices.

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formal

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English

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