International Coffee Day was last Friday, 1 October 2021, but with it came word that coffee prices are on the rise, and may even double in the next year. While increases are hopefully welcome news to some bean growers who have been struggling with low margins, consumers can expect to pay more for a cuppa in the near future. The current catalyst for rising prices are lower than usual yields on coffee farms in Brazil, one of the world’s largest producers. As a result of severe droughts and then frosts, Arabica harvests may be their lowest in twelve years.
Coffee prices are on the rise
Published in oblong culture