Wake up and smell the soaring cost of coffee

There are signs speculators are piling into coffee futures as commodity experts predict production shortfalls in key areas, like Brazil's southeast, where higher temperatures are affecting water supplies.

Climate News Network

In recent days Arabica coffee beans – by far the most popular variety of coffee – have been fetching around $US2 a pound on the world market. That’s nearly double the price of a year ago.


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