Coffee Prices Explode & Global Coffee Gratitude
At the end of the Thanksgiving holiday, I am reminded of how grateful I am for coffee. Not only for its rich, soothing, energizing effects---but also because of its health benefits, including a reduced risk of diabetes, stroke, Parkinson’s disease, and depression. I am also grateful that increasingly the medical evidence is documenting these benefits with amazing contributions from European and American universities!
I am also grateful that most of the coffee-drinkers I know can still afford to drink coffee and enjoy its benefits. That is not insignificant, especially when you consider that coffee prices are at an all-time high for the past 13 years. In fact, coffee futures have increased 44%. According to pundits, a constellation of factors are contributing to coffee's sky-high prices, including bad weather in South America and low stockpiles in the United States. But, there's something else: Increasing demand from coffee drinkers in emerging economies. The largest increase i…
I am also grateful that most of the coffee-drinkers I know can still afford to drink coffee and enjoy its benefits. That is not insignificant, especially when you consider that coffee prices are at an all-time high for the past 13 years. In fact, coffee futures have increased 44%. According to pundits, a constellation of factors are contributing to coffee's sky-high prices, including bad weather in South America and low stockpiles in the United States. But, there's something else: Increasing demand from coffee drinkers in emerging economies. The largest increase i…
