Coffee prices soar to 50-year high as climate change drives costs up

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Sixty per cent of the world's coffee is produced by an estimated 12.

These should be wonderful times at Finca El Puente, a coffee plantation carved into the mountains of southwestern Honduras.

To hedge against that, they purchase so-called short positions on futures markets — essentially, bets that prices will fall.

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Article Details

Category: BusinessFinance

Markets: IndiaBrazilHondurasVietnam

Topics: Coffee production Coffee prices Coffee planters Coffee

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 23:07:07 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26353817

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Official Website: business-standard.com

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Year Established: 1975

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News Last Updated: 5 hours ago

Coverage Areas: India

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