"Brazil is seen producing just 34.4 million bags of arabica in the coming season, down by about 11 million bags from a September estimate" This is baaaaad
Reposted from
Stephen Stapczynski
COFFEE PRICES HIT RECORD HIGH ☕🚨
🔥 Mounting worries over a global arabica supply crunch have made it one of this year’s hottest commodities
🇧🇷 Brazil’s output prospects are worsening after a severe drought, while Vietnam supply also at risk
www.bloomberg.com/news/article...
🔥 Mounting worries over a global arabica supply crunch have made it one of this year’s hottest commodities
🇧🇷 Brazil’s output prospects are worsening after a severe drought, while Vietnam supply also at risk
www.bloomberg.com/news/article...
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