Coffee Apocalypse Coming? Demand and Brazilian Drought Point to ‘Yes’
Drought-stricken Brazil will probably produce 10% fewer harvests of popular Robusta and Arabica coffee beans over the next year. That, along with a projected increase in global demand means the beans will become increasingly precious, according to the Foreign Agricultural Service’s coffee bean production report.
Coffee lovers, grab a cup of java, a box of tissues, and be prepared to find a support group.
It’s coming.
A global coffee shortage.
