Coffee Prices Going Up?
Coffee may have one of those up and down years depending on what story you're reading or listening to.
When taking into account quality coffee, there are real concerns there will be a shortfall for the rest of 2010, possibly putting upwards pressure on the prices.
Particular problems seem to be coming form Colombia where the crop is expected to be smaller than last year, and there is also the insect problem causing production problems as well.
Overall, the real story for coffee could be over the next decade, where estimates are supply of coffee could plunge by over 30 million bags because of strong demand and the need of investment of plantations, which take time to produce from scratch.
Coffee Prices Going Up?
No comments:
Post a Comment