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Coffee Prices Collapse as Global Shortage Fears Subside


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https://www.bnnbloomberg.ca/coffee-tumbles-most-since-2008-as-brazil-frost-concerns-ease-1.1634953

 

There was a huge sell off in coffee futures (the biggest fall in 12 years) as the feared worst case scenario did not occur

 

Brazil among the worlds most important suppliers of coffee beans has been going thru frost scares and over the past week there was fears severe frost across the Country was going to destroy much of the crop

 

Although frost reached nearly 80% of producing regions, the severity of the frost was not as bad as first feared and the loss of crop should be minimal instead of the huge loss many were anticipating

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Economy

Thankgod. I need my daily cup of coffee and dont wanna pay double for it :madge:

 

However im slowly reducing it and phasing it out temporarily because of recent digestive issues but good news regardless :woot:

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Ronk
16 minutes ago, Economy said:

Thankgod. I need my daily cup of coffee and dont wanna pay double for it :madge:

 

However im slowly reducing it and phasing it out temporarily because of recent digestive issues but good news regardless :woot:

Same.  I was told I couldn't have coffee anymore because of recent digestive issues.  Decaf tea is the recommended substitute.

I live outside the space time continuum.
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Economy
3 minutes ago, Ronk said:

Same.  I was told I couldn't have coffee anymore because of recent digestive issues.  Decaf tea is the recommended substitute.

Might as well drink my urine :neyde:

 

Edit: for real tho i either drink goat milk (easier on digestion than cow) peppermint tea or water. Im trying to avoid coffee till my IBS subsides

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Gagaloo911

Thank gawd didn't want to be paying even more for coffee which is already expensive :tony:

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ProfessionalClown
9 minutes ago, Economy said:

Might as well drink my urine :neyde:

 

Edit: for real tho i either drink goat milk (easier on digestion than cow) peppermint tea or water. Im trying to avoid coffee till my IBS subsides

IBS gang ayeee

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Economy
27 minutes ago, ThisGuyTony said:

I heard about the possible coffee shortage this year. :bear: 

Glad we avoided it. :tony: 

I think the market is still tight overall in general tho its just that the recent worst case scenario fears for the moment have been avoided. 

 

The prospect of mass loss of crop would of sent an already tight market into outright severe shortage. Coffee will remain pricey but not to a post apocaliptic level lol. At least not for now :sweat:

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Ronk
8 minutes ago, Economy said:

Might as well drink my urine :neyde:

 

Edit: for real tho i either drink goat milk (easier on digestion than cow) peppermint tea or water. Im trying to avoid coffee till my IBS subsides

Glad you're avoiding it.  Besides coffee I also had to cut out chocolate and citrus fruit or juice.  I now substitute apple juice for orange juice.

I live outside the space time continuum.
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23 minutes ago, BUtterfield 8 said:

I prefer tea

giphy.gif

I do enjoy a wide variety of teas especially in evening but in the day or morning coffee is definitely what i like

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Economy
Just now, Ronk said:

Glad you're avoiding it.  Besides coffee I also had to cut out chocolate and citrus fruit or juice.  I now substitute apple juice for orange juice.

Haha im the exact opposite. I cant drink more than 1 cup of orange juice or i get diahrea but apple juice doesnt affect me :ladyhaha:

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Ronk
1 minute ago, Economy said:

Haha im the exact opposite. I cant drink more than 1 cup of orange juice or i get diahrea but apple juice doesnt affect me :ladyhaha:

That's not the opposite.  I can't have orange juice so I now drink apple juice.

I live outside the space time continuum.
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