Brazil is having its worst drought in seven decades. The result for the coffee market is less and higher priced coffee. In late November of 2024 the NYMEX coffee price topped $3.30 a pound, up from $2.50 in October and $1.40 in October of 2023! Although the price of coffee has more than doubled that […]
Read More...The reason that coffee house coffee is more expensive is that they use Arabica coffee beans from places like the Colombian coffee triangle. So, why is Arabica coffee expensive? Is it all about the market for better tasting coffee or is there more to the story?
Read More...Americans love their coffee. Although Northern European countries like Finland, Denmark, Sweden, and the Netherlands drink more coffee per capita the larger US population times a high consumption rate result in the US drinking more coffee than any other nation. Where does all of this coffee come from?
Read More...Arabica coffee futures fell by 24% in 2016 but how long will cheap coffee last? Agrimoney.com speculates on Arabica coffee futures and asks if the rout in prices will end in 2016. Coffee futures proved among the worst ag performers of 2015 – in particular New York-traded arabica ones which dropped by 24%, compared with […]
Read More...Brazil, the largest coffee producer in the world by far, is in dismal economic straits. The Great Recession followed by slowing of the Chinese economy has greatly reduced exports of raw materials. The Brazilian economy is in recession and the Brazilian currency, the real, has fallen sixty percent versus the US dollar in the last […]
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