Your cup of morning joe is about to shock you

Quick Summary:

If anything, the only question is why retail coffee prices aren’t much higher already.

In nominal terms, wholesale green coffee beans are changing hands in the New York and London markets at the highest level ever, having surpassed the peak set in 1977.

Differently from cocoa, where farmers hadn’t made money for years and the subsequent lack of investment means aging and sick trees, coffee is a vibrant industry.

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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets: IndiaBrazilCanadaColombiaSouth KoreaVietnam

Topics: Global coffee prices Arabica Robusta coffee Nestle Coffee

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-21 @ 10:01:15 (6 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1606 words

Reading Time: 9 minutes read

Sentences: 56 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 25307851

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About Economic Times

Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 5 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #84

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