A bad harvest in Brazil is expected to accelerate rising costs A reduced coffee crop yield in Brazil, the world's largest grower, may cause a sharp increase in coffee prices around the world in the coming months, the Wall Street Journal reported on Sunday. According to trading data, coffee futures surged almost 90% last year after drought and frosts affected Brazilian production. Coffee prices spiked to a 10-year high in February at $2.59 a pound, and remain higher than previous years, up 18.06% year-on-year as of last week at about $2.23 a pound. Market analysts expect further price increases because of the speci
Hence then, the article about global coffee prices about to soar wsj was published today ( ) and is available onRussia Today ( News ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Global coffee prices about to soar – WSJ )