Coffee prices to go up as harvests failed

[Tommy Tainant]

Coffee drinkers face price rises as costs on global markets hit record high

Price for arabica beans tops $3.44 a pound, while cost of robusta beans almost doubles this year

www.theguardian.com

On Tuesday, the price for arabica beans, the world’s most popular variety, topped $3.44 (£2.70) a pound, having risen more than 80% this year. Meanwhile, the cost of cheaper robusta beans, used in instant coffee, has almost doubled this year, with the price touching $5,694 a metric tonne in late November.

It sounds pretty grim for drinkers Coffee is very susceptible to bad weather. Mrs T tells me that you can now pay over $7 for a fancy coffee these days.

Ive been drinking tea mainly for the last 6 months on medicl advice. Aee there other
drinks available ?

 

[JohnDB]

This was the bye year to start with.

Coffee has cycles just like a Pecan tree. Good crop one year and down year the next.
The coffee market is absolutely full of fraud, abuse, and outright manipulation. At the top of the market are literal fascists. Not just slanderous names being bandied about....true blue fascists.

Coffee trading is a difficult thing as market prices do NOT necessarily reflect delivered prices for contracts. Meaning if you buy a contract that's actually going to be delivered instead of traded....it's even higher priced.

And you are quoting institution grade beans....not specialty grade coffee. Which is what makes the $7 coffee (unavailable at starbucks) special to begin with. Good espresso based coffee is difficult to obtain. A million things to get wrong along the way. Only one way to get it right.

Robust is Vietnam produced. (Traded on the DAX) They have the lions share. (Tastes like burnt rubber coffee)

Arabica (type used for specialty coffee) is produced in Africa, South America, and Hawaii. A little is there in Vietnam... but not enough to matter.
All of Arabica plants are under pressure from a rust virus....just like oranges and citrus have greening virus. Not much to do about it. Pesticides, antifungals, and fertilizers are the only hope....that and burning of infected plants. Which takes 5 years to mature enough to produce.

 

[CrusaderFrank]

Coffee drinkers face price rises as costs on global markets hit record high

Price for arabica beans tops $3.44 a pound, while cost of robusta beans almost doubles this year

www.theguardian.com

On Tuesday, the price for arabica beans, the world’s most popular variety, topped $3.44 (£2.70) a pound, having risen more than 80% this year. Meanwhile, the cost of cheaper robusta beans, used in instant coffee, has almost doubled this year, with the price touching $5,694 a metric tonne in late November.

It sounds pretty grim for drinkers Coffee is very susceptible to bad weather. Mrs T tells me that you can now pay over $7 for a fancy coffee these days.

Ive been drinking tea mainly for the last 6 months on medicl advice. Aee there other
drinks available ?

I know not what course others might take; but as for me, give me coffee or give me death

 

[Tommy Tainant]

This was the bye year to start with.

Coffee has cycles just like a Pecan tree. Good crop one year and down year the next.
The coffee market is absolutely full of fraud, abuse, and outright manipulation. At the top of the market are literal fascists. Not just slanderous names being bandied about....true blue fascists.

Coffee trading is a difficult thing as market prices do NOT necessarily reflect delivered prices for contracts. Meaning if you buy a contract that's actually going to be delivered instead of traded....it's even higher priced.

And you are quoting institution grade beans....not specialty grade coffee. Which is what makes the $7 coffee (unavailable at starbucks) special to begin with. Good espresso based coffee is difficult to obtain. A million things to get wrong along the way. Only one way to get it right.

Robust is Vietnam produced. (Traded on the DAX) They have the lions share. (Tastes like burnt rubber coffee)

Arabica (type used for specialty coffee) is produced in Africa, South America, and Hawaii. A little is there in Vietnam... but not enough to matter.
All of Arabica plants are under pressure from a rust virus....just like oranges and citrus have greening virus. Not much to do about it. Pesticides, antifungals, and fertilizers are the only hope....that and burning of infected plants. Which takes 5 years to mature enough to produce.

Trump will sort it on day1.

 

[Tommy Tainant]

I know not what course others might take; but as for me, give me coffee or give me death

I wouldnt pay starbucks prices but macdonalds espresso is good and also good value.

 

[JohnDB]

 

[Whodatsaywhodat.]

Coffee drinkers face price rises as costs on global markets hit record high

Price for arabica beans tops $3.44 a pound, while cost of robusta beans almost doubles this year

www.theguardian.com

On Tuesday, the price for arabica beans, the world’s most popular variety, topped $3.44 (£2.70) a pound, having risen more than 80% this year. Meanwhile, the cost of cheaper robusta beans, used in instant coffee, has almost doubled this year, with the price touching $5,694 a metric tonne in late November.

It sounds pretty grim for drinkers Coffee is very susceptible to bad weather. Mrs T tells me that you can now pay over $7 for a fancy coffee these days.

Ive been drinking tea mainly for the last 6 months on medicl advice. Aee there other
drinks available ?

You should drink 5 cups of coffee a day .

 

[JohnDB]

That $7 cup of coffee.....

The biggest expense is the cup and the milk. Not the coffee itself.

Roasted coffee WAS priced at roughly $10/lb more than green coffee. Soon to be $11-14 more per pound. (Inflation FUVM Biden)

Those bags with metal foil and vinyl are expensive. Especially when printed. The more colors the more $$$.

Your $7 coffee has 18-20 grams of coffee in it. (Around an ounce) but the cup (lid and sleeve) costs around $1.75.
Get used to the notion.

Packaging costs more than the product it contains.

 

[CrusaderFrank]

I wouldnt pay starbucks prices but macdonalds espresso is good and also good value.

I've only been in McD a few times since they changed the oil they use for the fries. So many better choices for burgers.

I might have to go and try the espresso....thank you for that

 

[DGS49]

I'm sure we will see the usual market forces at work. There is a price at which Starbucks customers will balk and make some other arrangement for their caffeine fix.

I personally have one of their bottled iced-coffee drinks, supplemented with protein powder and moo-juice, every fucking morning...all of which is purchased at Sam's Club, if you please.

 

[Polishprince]

There is no single, worldwide coffee harvest.

The beans are grown in many country around the world and comes in dozens of varieties.

Prices go up and down all the time, but there is virtually no chance of coffee becoming scarce.

You can always switch to Postum if there is a coffee crisis in Wales.

 

[Calypso Jones]

Amazing all these crop failures. Why...it is almost like someone is carrying out a plan.

 

[Tommy Tainant]

I've only been in McD a few times since they changed the oil they use for the fries. So many better choices for burgers.

I might have to go and try the espresso....thank you for that

Just a word of warning. Maccies round here rarely have the right sized cup. So they serve it in a full suzed cup. It tends to spoil the Italian street vibe a bit. Of course they would be shot if they tried that shit in the US.

 

[Tommy Tainant]

There is no single, worldwide coffee harvest.

The beans are grown in many country around the world and comes in dozens of varieties.

Prices go up and down all the time, but there is virtually no chance of coffee becoming scarce.

You can always switch to Postum if there is a coffee crisis in Wales.

Prices are going up.

 

[luiza]

Coffee drinkers face price rises as costs on global markets hit record high

Price for arabica beans tops $3.44 a pound, while cost of robusta beans almost doubles this year

www.theguardian.com

On Tuesday, the price for arabica beans, the world’s most popular variety, topped $3.44 (£2.70) a pound, having risen more than 80% this year.

Why are you posting old News Tommy Tithead ?

We knew all of this over three months ago and traded appropriately on the Commodity price .

Your porn rag Guardian must have run low on other Extremist Lefty Mutant propaganda and used this old news to fill up a space .
What a Clown you are . Or , a Tommy Polly Parrot to be accurate .

 

[Woodznutz]

Higher prices often lead to lower prices if sales suffer and inventories of coffees aren't freshened. That's when I stock up.