With coffee prices rising, your daily cuppa may soon cost more
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Extreme weather has damaged crops in Brazil, the world's largest coffee exporter.
PHOTO: NYTIMES
BAYAMON (NYTIMES) - Coffee roasters have a problem. The cost of the beans that they import has soared this year, leaving roasters anguishing over whether their customers, from grocery stores to cafes to people looking for their daily latte, will tolerate higher prices.
Extreme weather has damaged crops in Brazil, the world's largest coffee exporter. On top of pandemic-related shipping bottlenecks and political protests that stalled exports from Colombia, that has pushed the cost of beans up nearly 43 per cent this year.
