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Will the cost of coffee skyrocket?
Drought, bad weather and social unrest in producing countries at the origin of the pessimistic forecast
The pessimistic vision of Retail.ru, the Russian online portal dedicated to retailers and suppliers in the retail sector, would be based on two phenomena: a severe drought in Brazil, which is the world's largest coffee producer. And bad weather, which has reduced the yield of plantations in Colombia, including coffee, by almost a third; situation aggravated by social unrest in the country. Not...
EFA News - European Food Agency