Re:A coffee shortage is coming, and it could last three year...
by stevage on Wednesday September 29, 2021 @09:04PM
(#28702059)
I'm surprised that a 20% increase in the price of coffee is even noticeable in the price of a cup at a cafe, given that most of the cost is labour and overheads.
Re:A coffee shortage is coming, and it could last three year...
by LilBytes on Wednesday September 29, 2021 @07:43PM
(#28701435)
Cause:
'What's behind the price rise? Climate change-related weather events have affected key coffee-producing regions and global supply chain issues are hurting importers.
Drought and severe frost are estimated to have destroyed about 20 per cent of Brazil's coffee plants.'
Re:A coffee shortage is coming, and it could last three year...
by smorgusofborg on Wednesday September 29, 2021 @06:22PM
(#28700760)
> "We have not seen that type of price peak since 2014," said Suzy Oo, senior industry analyst at IBISWorld.
The drop in 2018 that carried on to 2019 scared me and probably wasn't sustainable. Hopefully a fairer price remains so coffee producing economies can recover.
'What's behind the price rise? Climate change-related weather events have affected key coffee-producing regions and global supply chain issues are hurting importers.
Drought and severe frost are estimated to have destroyed about 20 per cent of Brazil's coffee plants.'
The drop in 2018 that carried on to 2019 scared me and probably wasn't sustainable. Hopefully a fairer price remains so coffee producing economies can recover.