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Droughts in top coffee-growing countries have shrunk the supply of beans. Supermarket brands like Nescafé and Folgers have already raised prices — but the world keeps drinking more and more ...
Wake up with the best quality and fair-priced independent coffee brands, including Colombian and Peruvian beans from Hermanos, Union and more ...
Alamy Stock Photo Market observers say the inflationary trend is likely to continue thanks to severe drought conditions in Vietnam and Brazil — two countries known for exporting coffee beans.
The cost of coffee has hovered near record highs on the futures market after droughts in top-producing Brazil and Vietnam. Supermarket brands like Nescafé and Folgers have raised their prices.