Retail coffee prices to soar as frost, freight costs bite ...Qatar

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• In areas where coffee trees have not survived it may take up to seven years for production to fully recover The most devastating frost in decades in top coffee producer Brazil and record freight costs sparked by Covid-19 causing massive shipping logjams are expected to push retail prices to multi-year highs in the coming weeks. A hike in coffee prices will further raise the cost of a basket of shopping following increases for other items such as bread, vegetable oils and sugar. The United Nations food agency’s index of world food prices for July showed a year-on-year rise of 31% at a time when many consumers are struggling financially due to the pandemic. The worst cold snap in Brazil si

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