The Rising Cost of Coffee: How Climate Change and Demand are Impacting Your Morning Cup

If you’re a coffee lover like me, you may have noticed a slight increase in the cost of your daily cup of Joe. The price of coffee beans has recently reached its highest level since the 1970s, and there are a few reasons for this spike.

One major factor contributing to the rise in coffee prices is climate change. Droughts in major coffee-growing regions like Vietnam and Brazil have led to a shortage of the robusta beans used in espresso and instant coffee. As a result, roasters have been bidding up the price of these beans, causing a ripple effect throughout the supply chain.

Despite the increase in coffee prices, you may not see a significant change in the cost of your favorite brew at your local coffee shop. Companies like Starbucks often lock in purchase prices for coffee beans months in advance, helping to mitigate the impact of price fluctuations on consumers.

While the cost of your daily latte may be on the rise, it’s important to remember that a small fraction of that price goes towards the actual coffee beans. The majority of the cost goes towards processors, wholesalers, retailers, and transportation.

So, the next time you reach for your favorite cup of coffee, remember that there’s a lot more going on behind the scenes than just brewing your morning pick-me-up. And who knows, maybe this is the perfect excuse to switch to tea for a change!

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