Find Your Daily Voice
Eastchester
Your Local News for Eastchester and Tuckahoe, New York
Wednesday, dec 11
46°
Follow
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Eastchester
Follow
Find Your Daily Voice
News
Schools
Business
Obituaries
Police & Fire
Weather
Lifestyle
Politics
Sports
Traffic
Real Estate
Tags
Jobs
Shop
Support Us
Home
About us
All sites
Advertise with us
Contact us
Terms of use
Privacy policy
Code of ethics
Site Map
© 2024 Cantata Media
46°
Wednesday, dec 11
Tag:
Fitch Solutions
Business
Here's Why Coffee Prices Are Surging To Multi-Year High
Coffee prices have reached a multi-year high due to a number of factors, including a crop-destroying frost in Brazil. Fortune reported in July that the coffees trees in Brazil were impacted by a drought and two frosts, leading to the high prices. The country is the world's largest coffee producer, accounting for 40 percent of the world's output of the product, the news site reported. Prices for high-end beans used by some coffee chains increased more than 30% during this period, Fortune reported. COVID-19 restrictions in Vietnam, the world's second-largest coffee exporter, have also cause…