Climate change is making coffee more expensive. Tariffs likely will too
ROCHESTER, N.Y. (AP) — With her purple-and-pink hair swaying, Reneé Colón stands on a stepladder in the rented corner of a warehouse, pouring Brazilian coffee beans into her groaning old roasting machine.
The beans are precious because they survived severe drought in a year when environmental conditions depressed coffee production globally, doubling the price of raw beans in just months.
“Unfortunately, coffee is going to become scarcer,” said Colón, founder and roaster at Fuego Coffee Roasters. “Seeing that dramatic loss of the Brazilian crop is a perfect example.”
Losses from heat and drought have cut production forecasts in Brazil and Vietnam, the world’s largest coffee growers. Global production is still expected to increase, but not as much as commodity market investors had expected. That’s sent coffee prices up, largely because of continued high demand in Europe, the U.S., and China.
https://apnews.com/article/tariffs-coffee-beans-price-brazil-mexico-ny-f69dcf5e8b3ea3cdb1e36921b972dc4f
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