Why the price of coffee has spiked
3 months, 2 weeks ago

Why the price of coffee has spiked

NPR  

Why the price of coffee has spiked The cost of coffee has hovered near record highs on the futures market after droughts in top-producing Brazil and Vietnam. ALINA SELYUKH, BYLINE: Almost every day, Brian Phillips gets messages from his friends in Brazil who are coffee farmers. SELYUKH: That's because Brazil's coffee harvest is coming in short - by as much as a quarter, by one assessment. SELYUKH: Phillips shared how, 10 years ago, his friends in Brazil couldn't sell a bag of specialty coffee inside the country.

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History of this topic

Brazil's coffee farmers turn to costly irrigation to quench global demand for the brew
3 days, 9 hours ago

Brazil's coffee farmers turn to costly irrigation to quench global demand for the brew

Hindustan Times  

* Brazil's coffee farmers turn to costly irrigation to quench global demand for the brew Irrigation crucial for Brazil's coffee amid climate change * Coffee prices rise due to supply shortfall, drought impacts * Concerns over water use in Bahia's agricultural expansion By Marcelo Teixeira, Roberto Samora LUIS EDUARDO MAGALHAES/GUAXUPE, Brazil, - D rought hit coffee farmers in Brazil hard …

Coffee Makers Were Betting on Lower Prices — They Were Wrong
1 week, 4 days ago

Coffee Makers Were Betting on Lower Prices — They Were Wrong

Live Mint  

-- Coffee roasters that were betting on lower prices opted out of hedging. Companies that typically take positions in the futures market to protect themselves from price fluctuations changed course when prices began rising last year, betting they could secure a better deal later. “The reality is significant price increases are inevitable,” said Rafael Oliveira, chief executive officer of coffee …

Demand for coffee cultivation is brewing in new destinations after record prices
2 weeks, 2 days ago

Demand for coffee cultivation is brewing in new destinations after record prices

The Hindu  

The record prices that coffee hit this year have spurred interest in its cultivation in newer destinations outside of the traditional coffee growing belt in Karnataka such as Kodagu and Chikmagalur. Asked if it is viable, Mr. Ponnanna said, “Just like apple is now being grown in places other than their traditional growing areas, coffee too can be grown, provided …

Coffee prices set to rise further, Rabobank analysts warn
4 weeks, 2 days ago

Coffee prices set to rise further, Rabobank analysts warn

NL Times  

The cost of coffee is expected to keep climbing, with supermarket prices set to rise significantly in the coming months, according to Rabobank analysts. "Although we expect a drop in coffee bean prices for the next harvest year, supermarket prices will continue to rise due to the delayed effect of raw material costs," said Rabobank analyst Sebastiaan Schreijen. While supermarket …

Coffee house owners in the city opine on the recent price hike
1 month ago

Coffee house owners in the city opine on the recent price hike

New Indian Express  

One steam-filled cup of filter coffee in the morning, a quick coffee break amidst work pressure to recharge, and a cold coffee to beat the afternoon heat – for many Bengalureans, this is what a typical day looks like. But recently, global challenges, particularly in major coffee-growing nations like Brazil and Vietnam, have left Bruhat Bangalore Hotels Association to decide …

First eggs, now coffee: The price of roast beans hits highest mark in 50 years
1 month, 1 week ago

First eggs, now coffee: The price of roast beans hits highest mark in 50 years

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Higher prices are where we need to go, …

Your morning coffee is about to get costlier—here’s what's brewing trouble
1 month, 2 weeks ago

Your morning coffee is about to get costlier—here’s what's brewing trouble

Live Mint  

The price of your morning coffee is about to rise—again. Read this | The champagne of coffees: Gesha's rise in India Prices of Arabica and Robusta beans—the world’s two most widely consumed coffee varieties—are at multi-year highs due to supply shocks in Brazil and Vietnam, the world’s top producers. Karnataka-based Indian Coffee Roasters’ Association has announced a ₹200 per kilo …

Record prices bring joy to coffee farmers
2 months ago

Record prices bring joy to coffee farmers

The Hindu  

Robusta coffee farmers in south India are celebrating a bountiful harvest season, with prices reaching new heights. On Friday, the farm gate price of raw Robusta coffee berries in Wayanad market soared to a record ₹251 a kg, a significant increase from ₹171 a kg during the same period last year. Sources say a sharp decline in Robusta coffee production …

Coffee goes dearer as prices shoot up by at least Rs.200 a kg
2 months, 1 week ago

Coffee goes dearer as prices shoot up by at least Rs.200 a kg

Deccan Chronicle  

Anantapur: Coffee prices have shot up alarmingly with a kilogramme of its powder going up by at least ₹200. This is because production of coffee beans seeds has been poor in the largest coffee-producing region of Kodagu in Karnataka due to massive damage caused to its crop because of both rain deficit and excessive rains. According to available data, output …

Coffee prices are higher than ever. Here's what it means for your cup
3 months, 2 weeks ago

Coffee prices are higher than ever. Here's what it means for your cup

NPR  

Coffee prices are higher than ever. Here's what it means for your cup toggle caption Pierre Andrieu/AFP via Getty Images/AFP Brian Phillips gets texts from coffee farmers in Brazil almost every day. "My friend Sergio texted me and was like, 'Hey, when you've got time for a call, we have to talk about next year,'" said Phillips, who sources beans …

Coffee prices haven't been this high in 47 years
3 months, 2 weeks ago

Coffee prices haven't been this high in 47 years

NPR  

Coffee prices haven't been this high in 47 years Coffee prices on the futures market hit a 47-year high last week. AYESHA RASCOE, HOST: We don't want to alarm you coffee drinkers on this fine morning, but the price of coffee on the futures market broke a nearly 50-year record last week. And it doesn't help that this week, one …

Coffee prices hit record high after bad weather
3 months, 3 weeks ago

Coffee prices hit record high after bad weather

ABC  

Global coffee bean prices have soared to their highest level in nearly half a century due to bad weather in major coffee growing regions. Brazil, the world's largest coffee producer, faced a record-breaking drought this year, which has raised significant concerns for incoming crops amid already tight supplies. Meanwhile, in Vietnam, which produces some 40 per cent of the robusta …

Climate change, crop damage to burn hole in coffee-lovers' purses
4 months ago

Climate change, crop damage to burn hole in coffee-lovers' purses

Firstpost  

Extreme weather events have not only damaged some coffee crops entirely, they have also affected the quality and flavour of the remaining ones. This year alone, prices have climbed nearly 70 per cent, leaving traders and roasters grappling with a market dominated by supply fears and climate challenges, according to Bloomberg. Climate change hurting coffee crops Global coffee production has …

Brazil drought punishes coffee farms and threatens to push prices even higher
6 months, 2 weeks ago

Brazil drought punishes coffee farms and threatens to push prices even higher

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Brazil's harvest season that ends this month was virtually …

Why the price of your cup of coffee is set to rise
6 months, 2 weeks ago

Why the price of your cup of coffee is set to rise

The Independent  

Sign up to the Independent Climate email for the latest advice on saving the planet Get our free Climate email Get our free Climate email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Arabica coffee futures in New York surged to a 13-year high of over $2.60 per pound on Monday, driven …

Coffee prices hit fresh highs as weather wreaks havoc on crops in Brazil and Vietnam, with Australian roasters under the pump
7 months, 3 weeks ago

Coffee prices hit fresh highs as weather wreaks havoc on crops in Brazil and Vietnam, with Australian roasters under the pump

ABC  

The cost of importing coffee beans into Australia has never been more expensive, and there are few signs these record prices will ease anytime soon. "I think that view has changed … both on the coffee front, which we don't see resolving anytime soon, and also on the Australian dollar front," he said. "What they're seeing at the moment, which …

Feel like you’re spending more on coffee than ever? You are.
8 months, 2 weeks ago

Feel like you’re spending more on coffee than ever? You are.

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. We studied the price of a latte, a …

Brazil Coffee Crop Disappoints After Beans Affected by Drought
9 months ago

Brazil Coffee Crop Disappoints After Beans Affected by Drought

Live Mint  

-- Brazil, the world’s top coffee producer, is on track to harvest a weaker-than-expected crop in a frustrating development for already tight global markets. “There is certainly a concern about production shortfall,” said Simão Pedro Lima, an executive at cooperative Expocacer, who added that the average size of beans is probably going to be lower than in previous years in …

The happy, hopeful coffee farmers of Karnataka
10 months, 2 weeks ago

The happy, hopeful coffee farmers of Karnataka

The Hindu  

Sanketh Appaiah, a young coffee planter in a village near Madikeri in north Kodagu, is now the proud owner of a new SUV thanks to the rising prices of coffee over the past three months. For the first time in 15 years, the coffee price has increased, helping me to fulfil my plan of buying a new SUV this year,” …

Robusta coffee price touches all-time high amid global shortage
1 year ago

Robusta coffee price touches all-time high amid global shortage

The Hindu  

Robusta coffee farmers in South India are jubilant post-harvest with their produce fetching an all-time high price. The farmgate price of raw Robusta coffee berries touched a record ₹172 per kilogram in the Wayanad market on Saturday, as against ₹115 per kg during the same period last year. Meanwhile, the spot price of Robusta coffee beans stood at ₹315 per …

Climate change is making your coffee bitter
1 year, 3 months ago

Climate change is making your coffee bitter

Live Mint  

For coffee lovers, the brew of the future is shaping up to be bitter and pricey, as climate change parches the world’s key growing regions. “Estimates show that 30 years from now, basically 50% of coffee lands as we know them today will not be viable for coffee production anymore” if climate change isn’t tackled, Philipp Navratil, global head of …

How El Niño will impact your morning cup of coffee
1 year, 9 months ago

How El Niño will impact your morning cup of coffee

Live Mint  

The National Oceanic and Atmospheric Administration has said El Niño has officially arrived. A story published by Bloomberg on Saturday has highlighted that El Niño will impact the price of coffee, chocolate and ‘indulgent treats.’ The story titled Cost of Your Caffeine and Sugar Fix to Stay High on El Niño notes, “The return of El Niño and prospects of …

Ethiopian coffee taps into a growing taste among the young
2 years, 5 months ago

Ethiopian coffee taps into a growing taste among the young

China Daily  

Imported coffee beans on display at an international expo in Shanghai. CHINA DAILY Ethiopia, which is known as the origin of Arabica coffee, is recognized worldwide for its rich coffee quality, variety of flavors and aroma, making demand for the commodity increase globally. Temesgen Cherkos, export manager of Hadeed Trading Private Limited Company, says his company is making increasing shipments …

Ethiopian coffee taps into a growing taste among the young
2 years, 5 months ago

Ethiopian coffee taps into a growing taste among the young

China Daily  

Imported coffee beans on display at an international expo in Shanghai. CHINA DAILY Ethiopia, which is known as the origin of Arabica coffee, is recognized worldwide for its rich coffee quality, variety of flavors and aroma, making demand for the commodity increase globally. Temesgen Cherkos, export manager of Hadeed Trading Private Limited Company, says his company is making increasing shipments …

Price of Robusta coffee touches all-time high as Brazilian production declines
2 years, 6 months ago

Price of Robusta coffee touches all-time high as Brazilian production declines

The Hindu  

Lending fresh hopes to coffee farmers, the price of the Robusta variety of coffee has reached an all-time high, thanks to a sharp decline in production. The farm gate price of raw Robusta coffee berries touched a record ₹106 a kg in Wayanad market on Friday, as against ₹80 a kg during the corresponding period last year. The State government …

Worldwide coffee bean shortages and rising fuel prices hit cafes hard, with price spikes here to stay
2 years, 11 months ago

Worldwide coffee bean shortages and rising fuel prices hit cafes hard, with price spikes here to stay

ABC  

How much are you willing to pay for a cup of coffee? Key points: Cafe owners are passing on rising coffee costs to consumers The costs of inputs are increasing due to high petrol prices and low bean supplies Staff shortages are compounding pressures faced by businesses An economist warns the pressures will not ease until an upcoming RBA interest …

Think you're paying too much for your morning coffee? The worst is yet to come
3 years ago

Think you're paying too much for your morning coffee? The worst is yet to come

ABC  

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase, brace yourself — it is likely to get worse. Key points: Prepare to be paying up to $7 a cup by the end of the year Shipping costs and natural disasters in coffee regions are …

Why the cost of a cup of coffee is soaring
3 years, 1 month ago

Why the cost of a cup of coffee is soaring

The Telegraph  

Milly Barr has been running her coffee shop and roastery for nearly a decade, serving up brews to visitors wandering through Oxford’s covered market. But the entrepreneur behind Colombia Coffee Roasters now fears some loyal customers could be driven away when she is forced to put up prices due to a plethora of surging costs. The sandwich shop chain has …

EXPLAINER: Why coffee could cost more at groceries, cafes
3 years, 6 months ago

EXPLAINER: Why coffee could cost more at groceries, cafes

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. A sustained drought followed by two July frosts blew …

Brazilian coffee crop frost damage may not mean Australian coffee lovers will pay more
3 years, 8 months ago

Brazilian coffee crop frost damage may not mean Australian coffee lovers will pay more

ABC  

Coffee lovers are anxiously watching the price of their favourite beans after the world's largest crop was hit by freezing temperatures. Australians may not actually pay more for their coffee despite a world price rise This loss may make room for other countries like Australia to expand their production Severe frost has damaged a large part of Brazil's coffee fields …

As Brazil runs out of water, world could lose out on coffee
3 years, 10 months ago

As Brazil runs out of water, world could lose out on coffee

Al Jazeera  

Severe drought has farmers worried they will not have enough water to get through the dry season. If even irrigated areas can’t get enough water, Brazil’s coffee and orange output may decline for a second year in a row. Brazil’s current orange crop shrunk 31% from the previous season, the most in 33 years, and production of arabica coffee, the …

From Brazil's farms to Melbourne's cafes, coronavirus is crippling the coffee industry
4 years, 8 months ago

From Brazil's farms to Melbourne's cafes, coronavirus is crippling the coffee industry

ABC  

You've probably never thought of your morning coffee as a public service. It's different from the mass-made product you buy in a jar in the supermarket, which is referred to as "commodity coffee". "Over the last decade, specialty coffee has exploded and become prevalent in many coffee shops across Australia," she said. "I think that's because we're getting access to …

A Coffee Crisis Is Brewing And It Could Make Your Morning Joe Less Tasty
5 years, 5 months ago

A Coffee Crisis Is Brewing And It Could Make Your Morning Joe Less Tasty

Huff Post  

LOADING ERROR LOADING Whether it’s a quickly chugged-down morning cup, a lukewarm afternoon jolt from the coffee machine at work, a pumpkin spiced latte in the fall or a specialty cold brew in the summer, coffee has cemented itself as an important ritual in the lives of many Americans. “I think there’s a lot of people today who are looking …

Opinion | Coffee boomer millennials
5 years, 7 months ago

Opinion | Coffee boomer millennials

Live Mint  

Peter Navarro, a trade advisor to US President Donald Trump, once had a book on investment advice, titled If It’s Raining In Brazil, Buy Starbucks. China, rather than Brazil, is what he has been obsessed with in recent years, but if his café tip sounds out of date today, it’s because coffee bulls are motivated more by millennial habits than …

Brexit could push up the price of coffee by 5%, London roasters say
8 years, 8 months ago

Brexit could push up the price of coffee by 5%, London roasters say

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. London’s small-scale coffee roasters, who help supply the capital’s …

Coffee shortage could cause price rises and cafe closures, Melbourne operators say
9 years, 2 months ago

Coffee shortage could cause price rises and cafe closures, Melbourne operators say

ABC  

A predicted global coffee shortage could see retail prices rise and the closure of some Melbourne cafes, according to operators. Mr Lavazza said his company was expecting the strong US dollar and increasing global demand to lead to "high volatility in coffee prices". Nathaniel Marshall, who owns a small cafe on Melbourne's City Road, said he did not expect Melburnians …

A global coffee shortage is brewing
9 years, 6 months ago

A global coffee shortage is brewing

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Analysts at Mintel said that …

Coffee in crisis: The bitter end of our favourite drink?
9 years, 8 months ago

Coffee in crisis: The bitter end of our favourite drink?

BBC  

Coffee in crisis: The bitter end of our favourite drink? Farmers across South America, Asia and Africa are watching coffee plants dwindle as droughts, downpours, and plagues of pests attack their crops, as a result of global warming. Further stresses come from the fact that the coffee plant’s enemies can thrive in hotter weather – including pests such as leaf …

How Starbucks gets away with charging a fortune for cheap beans
9 years, 8 months ago

How Starbucks gets away with charging a fortune for cheap beans

Live Mint  

Millions of groggy people this morning grubbed up an additional 5 to 20 cents for their Starbucks fix. Seeing the big dip in coffee bean prices this spring, Starbucks went ahead and locked in all of the beans it will need the rest of the year and about two-thirds of the beans it will need next year. “We expected coffee …

Price of coffee set to rise
10 years, 11 months ago

Price of coffee set to rise

NL Times  

Due to the intensely dry weather in the United States and Brazil, the price of coffee beans, among other goods, is skyrocketing. Research from ABN Amro shows that the price of coffee rose by 59 percent in the first quarter of 2014. Wheat is also suffering from the weather, prices rising by 15 percent according to ABN Amro economists. Hans …

Where the wild coffee grows
11 years, 9 months ago

Where the wild coffee grows

Al Jazeera  

Coffee drinkers love East Timor’s green beans but farming remains a life and death struggle in Asia’s poorest nation. Coffee accounts for 90 percent of the country’s non-oil exports, while 46 percent of East Timorese households rely solely on coffee for their income The crop has grown in the country for centuries. Today, the coffee is known as the golden …

Looking for answers to rising coffee prices
14 years, 1 month ago

Looking for answers to rising coffee prices

China Daily  

This is the VOA Special English Economics Report. Experts say coffee prices are rising mainly because people are willing to pay more. Coffee sellers like Mark Warmuth say tastes are changing and more people want a good cup of coffee. He says big coffee sellers like Starbucks help his business by building a base of customers who want something better. …

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