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The Rio Times
The Rio Times
Americas · 3 hrs ago
Your Coffee Is Getting Pricier Again, and Brazil’s Weather Is Why
Commodities Key Facts —The spike. Arabica coffee futures jumped to a five-and-a-half-month high, rising almost 10 percent in a day. —The cause. Brazil’s harvest is running slow and traders fear an El Niño weather pattern could hurt next year’s crop. —The harvest. Only about 52 percent of the crop was picked by early July, behind […] The post Your Coffee Is Getting Pricier Again, and Brazil’s Weather Is Why appeared first on The Rio Times.
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