Coffee Prices to Spike as Cold Weather Threatens Brazil
Coffee Prices to Spike as Cold Weather Threatens Brazil Coffee lovers may start paying a little more for their favorite beverage. Arabica coffee prices are expected to raise more while…
RIO DE JANEIRO, BRAZIL – AUGUST 28: A worker walks past Brazilian Arabica coffee beans in a coffee shop in Rio de Janeiro, Brazil. Brazil produces more coffee than any other country. (Photo by Mario Tama/Getty Images)
Coffee Prices to Spike as Cold Weather Threatens Brazil
Coffee lovers may start paying a little more for their favorite beverage. Arabica coffee prices are expected to raise more while its country of origin, Brazil, experiences a cold weather surge. The price of Arabica bean coffee has hit a 35% price increase in the last month. Consumers are expected to be paying more at the grocery store and at chains such as Starbucks and Dunkin'.
Are you willing to pay more for your favorite coffee?
It may be winter in Brazil, but it's summer in Japan.
Coffee lovers may start paying a little more for their favorite beverage. Arabica coffee prices are expected to raise more while its country of origin, Brazil, experiences a cold weather surge.
