Extreme Droughts Lead to Record-High Coffee Prices

EcoWatch
By Paige BennettDec 4, 2024, 3:28 pm188 pts
Extreme weather, including intense droughts, in top coffee-growing countries such as Brazil and Vietnam has led to some of the highest coffee prices in decades. As Reuters reported, prices for coffee futures reached a 47-year high of $3.3545 per pound for Arabica coffee on the Intercontinental Exchange, Inc.…

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