At Premium we sometimes muse that our subscription fee is the equivalent of the price of a cup of coffee per week. But after an extraordinary year in the coffee markets, with prices doubling from $1.24/lb to $2.36 today, that comparison no longer stands.
The spotlights were on Brazil in 2021, where frost and drought damaged the coffee crop. The weather story was as dramatic a narrative as any Brazilian soap opera …
The post Commodity radar: They’ve got an awful lot of coffee (shortage) in Brazil…
https://theloadstar.com/commodity-radar-theyve-got-an-awful-lot-of-coffee-shortage-in-brazil/