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Tag Archives: Global coffee production

Coffee prices hit highest since 1977 on supply woes and geopolitics!

The prices of Arabica coffee extended this week’s rally to reach the highest level since 1977 in trading Wednesday on concerns of limited supplies amid global output woes, caused primarily by drought in major producer, Brazil, coupled with geopolitical factors. A pound of Arabica beans listed in New York hit …

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The future of coffee prices is uncertain due to the unpredictable climate!

August, 2024… Extreme weather events in Brazil and Vietnam are among the main reasons for the increase in coffee prices. So what does the world have in store for coffee prices? Kanica Goel from www.newfoodmagazine.com writes that there has been significant volatility in the global agricultural commodity market in recent …

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