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Home World USA

Your daily cup of coffee could get more expensive because of climate change 

10 December 2024
in USA
Your daily cup of coffee could get more expensive because of climate change 
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Coffee prices are set to increase due to a 70% jump in Arabica coffee bean prices, the highest since 1977, attributed to climate change-induced weather events like droughts in major coffee-growing regions like Brazil and Vietnam. The rising costs will impact consumers, roasters, and distributors, with prices expected to rise by 50 cents to $1, as companies like World of Coffee Inc. are forced to absorb some of the cost while anticipating a shortage in supply. Climate change-related impacts on other crops, such as oranges and beef, are also expected to drive prices up in the future.

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Tags: ChangeClimatecoffeeCupdailyexpensive
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