At $3.44 a pound, wholesale coffee prices set a record high last week, according to a report on The Hill. While a number of factors have contributed to those increases, extreme drought in Brazil, ...
Global coffee prices have reached a 50-year high, threatening Israel's 1.5 billion-shekel coffee market.
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.