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OKIsItJustMe

(21,210 posts)
Mon Mar 3, 2025, 07:25 PM Mar 3

Brazil's coffee stockpiles dwindle as prices hit record highs

Source: Reuters

By Roberto Samora and Marcelo Teixeira
March 3, 2025 5:02 AM EST

Summary

  • Brazil's coffee stockpile nearly depleted due to drought and high global prices
  • Farmers sold most of 2024 crop, leaving low inventory levels
  • Roasters face challenges as coffee prices soar, quality may decline
GUAXUPE, Brazil, March 3 (Reuters) - In a Brazilian coffee warehouse usually stuffed with a quarter of a million bags of the aromatic bean, voices echo in the largely empty space at a large producers' cooperative.

Reeling from one of the worst droughts on record, Brazil's coffee farmers have sold almost all their beans months before the new crop as global prices have nearly doubled to all-time highs in the past 14 months.

Consumers waking up to smell the coffee were jolted last year as Starbucks hiked the price of a large cup of fresh brew about 16% to as much as $3.85. Nespresso coffee-pod subscribers will soon pay up to $1.45 per basic pod, up from $1.30.



Read more: https://www.reuters.com/markets/commodities/brazils-coffee-stockpiles-dwindle-prices-hit-record-highs-2025-03-03/
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Rhiannon12866

(232,840 posts)
8. That's around the time that I was away at school and I remember one time when my cousin drove me
Tue Mar 4, 2025, 04:01 AM
Mar 4

We stopped at a station right on the highway for gas which was 47 cents a gallon. And my cousin said this was too expensive, that we'd need to find another station.

Skittles

(163,610 posts)
9. heh
Tue Mar 4, 2025, 05:47 AM
Mar 4

I was thinking the other day, I am SO glad I got to experience life before home computers, cell phones, Reagan, Walmart, etc

yes INDEED

Rhiannon12866

(232,840 posts)
10. Oh, same here!
Tue Mar 4, 2025, 05:55 AM
Mar 4

I read about all the equipment that kids now bring to school and it boggles the mind! I know there was a computer (somewhere in the library) at my college - but no one that I knew ever even saw it, let alone used it - except one of the girls I lived with senior year who was a math major and babysat the computer on weekends. I thought I was lucky when my Dad bought me a calculator.

FakeNoose

(37,216 posts)
2. I only buy 100% Colombian coffee
Mon Mar 3, 2025, 07:59 PM
Mar 3

And trust me, it's very easy to tell the difference between Colombian and Brazilian beans.

Redleg

(6,465 posts)
19. LOL. Tariffs and taxs cuts to the wealthy.
Thu Mar 6, 2025, 10:16 PM
Mar 6

Under the old GOP is was tax cuts to solve every problem. At least Trump added one more tool to their kit.

DJ Synikus Makisimus

(1,010 posts)
7. Kona Coffee from Hawai'i is my favorite.
Tue Mar 4, 2025, 03:54 AM
Mar 4

Get the 100% Kona, not a Kona blend (they usually suck). You may not like the price, however. Coffee is much cheaper when impoverished peasants do the planting, picking and packing.

Raftergirl

(1,668 posts)
12. I'm not a coffee aficionado. A regular medium roast any brand will do for me. We occasionally buy
Tue Mar 4, 2025, 10:24 AM
Mar 4

whole beans but aren’t married to a particular kind. I usually buy based on if I like the package!

It’s not price that determines my coffee purchases.

JCMach1

(28,616 posts)
11. Will just have to try to make it on beans brought from Kenya
Tue Mar 4, 2025, 09:06 AM
Mar 4

From family and friends. Also, have been stocking up on instant.

OKIsItJustMe

(21,210 posts)
13. I ordered a "short ton" of whole beans from my favorite supplier
Tue Mar 4, 2025, 12:32 PM
Mar 4

I don’t expect the price to fall any time soon.

JCMach1

(28,616 posts)
14. My wife is Kenyan (American now), but we have connections
Tue Mar 4, 2025, 01:18 PM
Mar 4

Back in Kenya where we can get green in roasted bean from either farmers or the local coop.

Kenyan beans are top notch.

OKIsItJustMe

(21,210 posts)
15. I've had (and enjoyed) Kenyan coffee
Tue Mar 4, 2025, 01:32 PM
Mar 4

For some reason, “my guy” doesn’t seem to stock Kenyan beans any more. Perhaps it wasn’t selling fast enough. (He likes everything to be fresh.)

OKIsItJustMe

(21,210 posts)
18. Too true
Tue Mar 4, 2025, 02:02 PM
Mar 4

Me, I scoop enough beans for 12oz of coffee into my manual grinder. From there, it goes straight into my “French Press”…

Rainman4u2C

(56 posts)
20. I have
Fri Mar 7, 2025, 12:55 AM
Mar 7

had Starbucks coffee 2 times in my life and was cornered into it both times. It sucked and I poured it out both times. Anyone who would pay $4 for shitty coffee has neither good financial sense or a sense for what truly good coffee is!!

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