Climatic Challenges Have Disrupted Global Coffee Supplies ☕

Why Are Coffee Prices Skyrocketing? ☕📈

  If your morning coffee is feeling a little pricier lately, you’re not alone. Global coffee prices have surged to near 50-year highs, and it’s all tied to the weather.

What’s Happening?

  Major coffee-growing countries like Brazil and Vietnam are experiencing extreme weather conditions. Brazil, the world’s largest arabica producer, has been hit by severe droughts followed by insufficient rainfall. Meanwhile, Vietnam, a leading robusta producer, is grappling with droughts and typhoons. These challenges have significantly reduced coffee yields, disrupting global supplies.

  In fact, coffee prices shot up nearly 20% in just the third quarter of 2024, according to the International Coffee Organization.

Who’s Affected?

 Farmers: While higher prices might benefit those with current crops, unpredictable yields remain a concern.
 Traders & Roasters: Rising costs and delivery delays are adding pressure.
 Consumers: Big brands like Nestlé and Starbucks may pass on these costs, pushing many to consider more affordable options.

What Can Be Done?

  This situation is a wake-up call about how climate change impacts coffee production. Sustainable farming practices and stronger supply chains are key to protecting this beloved commodity in the long term.

  So, as you sip your brew, remember the global effort it takes to get coffee to your cup—and the changes needed to keep it flowing. 🌍☕

Sources:

Euronews. (2024, September 23). Coffee prices boiling over as natural disasters decimate supplies. Euronews. Retrieved from https://www.euronews.com/business/2024/09/23/coffee-prices-boiling-over-as-natural-disasters-decimat...

Reuters. (2024, December 4). Why are coffee prices trading near half-century highs? Reuters. Retrieved from https://www.reuters.com/business/why-are-coffee-prices-trading-near-half-century-highs-2024-12-04/?utm_source=chatgpt.com