Conversation

"Futures for [robusta] have surged about 60% this year, touching a fresh high of $4,667 per ton. Concerns about the next harvest are adding to supply fears after hot and dry weather in parts of #Vietnam damaged #coffee trees earlier this year.

#Brazil’s top growing regions have also faced the brunt of harsh weather, pushing up arabica prices. Some farmers pick smaller-than-usual beans following droughts in late 2023 that hurt crop development."

https://www.bloomberg.com/news/articles/2024-07-09/coffee-prices-will-keep-rising-into-2025-roaster-lavazza-says
#ClimateInflation