Coffee was one of the hottest commodities earlier this year, but it has now gone cold, with prices declining more than 20% in the past month.
Wet weather in farming areas such as Brazil and Indonesia is raising the prospect of a good crop and bigger coffee supply, sending prices down. At the same time,
Dollar been falling and hail has impacted Brazil? This appears to be priced in here......snap back rally to $2.
And so I expect that the price of my expresso in the nearest café, to go up and up due to the price of the coffee futures going down. 😂 We the consumers never will only the rich and powerful do.
well now that Kroger is jacking up the price of their cheap store brand stuff…yeah
Uhoh BarstoolBigCat
Ain't paying for Starbucks once a week anymore, I know that.
Thanks a latte