Global Coffee Prices Reach Record Highs Due to Severe Weather
- Global coffee prices have reached record highs
- Severe weather conditions are attributed to the increases
- Several coffee-producing countries are facing challenges
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Record rally in coffee prices shows no signs of slowing, analysts say, with some warning it could take years for one of the world's most marketable commodities to recover
Top coffee producers to hike prices next year as climate change blamed for rising costs
Brazil’s top coffee roasters, including JDE Peet’s, one of the world’s biggest coffee companies, are set to increase prices domestically from early next year after adverse weather caused raw bean prices to spike.
·Ireland
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Total News Sources117
Leaning Left12Leaning Right8Center23Last UpdatedBias Distribution53% Center
Bias Distribution
- 53% of the sources are Center
53% Center
L 28%
C 53%
R 19%
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