accountA confluence of weather, inelastic demand and the credit crunch may finally hit us all where it truly hurts…our morning coffee. Coffee, that magical drink many of us cannot imagine living without, is expected to rise in price from $1.1475/lb to $1.25-35 in coming months due to a weak crop in Brazil, the #1 producer and exporter. Worse still, some are predicting that demand for coffee - a...
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Reactions to Weather, Demand and Credit Crunch May Raise Coffee Prices
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