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Extreme Droughts Lead to Record-High Coffee Prices

  • EcoWatch faviconEcoWatch

    By Paige BennettDec 4, 2024, 3:28 pm145 pts
    photo of Extreme Droughts Lead to Record-High Coffee Prices imageExtreme 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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