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National Post
National Post
22 Apr 2024


NextImg:That coffee's going to cost you. Why java prices have skyrocketed

Coffee prices have joined cocoa in soaring to record highs. Extreme weather in top-producing countries Brazil and Vietnam has caused coffee prices to surge, spurring fears over shortages.

This month, futures for robusta reached an all-time high in data going back to 2008. “There’s not much coffee left unsold in Vietnam,” Carlos Mera, head of agricultural commodities at Rabobank, told the Financial Times.