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Drought affecting Brazil's coffee crops may push prices
Brazil drought punishes coffee farms and threatens to push prices even higher
Brazilian coffee farmers are grappling with above-average temperatures as the country, the world’s largest coffee producer, faces its worst drought in more than seven decades.
Drought affecting Brazil’s coffee crops may push prices higher
Brazil is facing drought, frost and fire. While this year’s harvest may be mostly safe, the price of coffee for the regular consumer is set to increase next year.
Rain Forecasts for Brazil Send Coffee Prices Tumbling
Friday closed down -10.90 (-4.17%), and November ICE robusta coffee (RMX24) closed down -189 (-3.60%). Coffee prices Friday closed sharply lower as forecasts for rain in Brazil sparked fund liquidation of coffee futures.
Coffee prices boiling over as natural disasters decimate crops
Europe's coffee lovers are bracing themselves for higher prices as natural disasters hit the world's top two coffee-producing countries. View on euronews
Brazil’s Harsh Drought Hits Coffee Farms, Posing A Price Increase
Brazil’s current drought, which is the worst in seven decades, is impacting its biggest export, coffee production, threatening to increase the cost of coffee even higher. The adverse climate conditions are resulting in the production of lower-quality coffee beans and smaller coffee harvests.
Coffee Prices Post Moderate Losses on Rain Forecasts for Brazil
The downside in coffee prices Thursday was limited after Conab, Brazil's crop forecasting agency, cut its 2024 Brazil coffee production forecast to 54.8 million bags from 58.8 mil
17h
Thousands of Fires Are Burning in the Drought-Wracked Amazon
Much of Brazil is burning as tens of thousands of fires rage around the country, half of them in the Amazon rainforest.
2d
on MSN
Droughts May Last Up to 10 Days Longer Than Predicted by 2100
In North America, Southern Africa and Madagascar, the longest annual dry spell length may be twice as long as previously ...
1d
Droughts likely to be even longer in the future due to climate change
“A warmer atmosphere heated by fossil fuel emissions can hold more moisture, leading to heavier downpours,” she said.
Inside Climate News
2d
New Study Suggests Major Climate Reports May Be Underestimating Drought Risks
North America and Southern Africa, in particular, may endure longer dry spells than water managers expect, but research shows ...
1d
Brazil energy authorities approve returning to daylight saving time as drought bites
Brazilian authorities are likely to approve reinstating daylight saving time after it was abolished five years ago, multiple ...
9d
Drought-hit Danube River reveals scuttled German World War II ships
The wrecks of explosives-laden Nazi ships sunk in the Danube River during World War II have emerged near Serbia’s river port ...
The Cool Down on MSN
2d
Brazilian government scrambles as wildfires devastate world's largest rainforest — here's what's happening
This has been a difficult year for the Pantanal, a region that encompasses the world's largest tropical wetland area.
4d
on MSN
Tweaks the Yankees should make to end their 15-year World Series drought
For today we’ll ignore that the Yankees made arguably the best winter trade and also the best deadline deal and offer our ...
Empire Sports Media
2d
Yankees’ rookie catcher could be the x-factor in a World Series run
The Yankees have their sights set on a deep playoff run, with hopes of ending their long World Series drought. It's been over ...
WKYC3 on MSN
1d
Cleveland Guardians pushing unexpected season into postseason, will have chance to end World Series title drought
A most unexpected season will include a postseason. One of baseball's youngest teams can end decades of playoff heartbreak ...
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