NEW YORK, Jan 22 — Climate change, political headwinds and diverging market dynamics around the world have pushed coffee prices to fresh records, jacking up the cost of your...
A cup of coffee is pictured at the Camocim coffee plantation. Climate change, political headwinds and diverging market dynamics around the world have pushed coffee prices to fresh records, jacking up the cost of your everyday brew or a barista’s signature macchiato. — AFP picas a first-time user .
Demand has outstripped supply for several years now, prompting a flurry of speculative buying that further drove up market prices. Nonetheless, given the recent run, “I’m thinking prices are likely or more likely to go lower than higher,” Mera said.Brazilian coffee producer Moacir Donizetti Rossetto shows a burned coffee plant, in Caconde, some 300 km northeast of Sao Paulo, Brazil, on January 10, 2025. With the prospect of a poor harvest, the price of arabica, the most widely consumed variety, soared last November to its highest level in almost half a century.
Wherever its grown, experts say growing practices for what is at heart a forest plant need to adapt, with sufficient canopy cover to protect from both sun and storms, and multi-crop farming to protect against pests and diversify revenues.New customers “There is also much more visibility because there are so many more stores and not only in the big cities, but those in like second-tier cities,” he said.
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