Posted on 11/29/2021 4:38:29 PM PST by blam
The supply deficit of arabica coffee beans (something we first warned in March and later explained in May) is becoming more severe as certified warehouses of the premium coffee bean monitored by ICE Futures U.S. plunged.
Stockpiles of arabica coffee beans in ICE warehouses plunged 10% last week, the most significant drop since August 1998. Outflows from warehouses logged their 10th-straight weekly drop, a reflection of tight global supplies. Arabica coffee prices have more than doubled since we first mentioned the onset of the supply crunch.
Arabica coffee accounts for more than half of the world’s coffee production has seen prices erupt this year amid adverse weather conditions in Brazil, the world’s leading producer. Robusta coffee prices have also surged as international coffee companies have had no other choice but to source cheaper beans as arabica is in short supply.
International Coffee Organization, a London-based group that represents both producers and consumers, said, “weather-related shocks and potential disruptions in trade flows from stricter pandemic-related measures have become a serious threat to the regularity of coffee supplies.”
This means for the U.S., the leading country in terms of coffee consumption, with upwards of 150 million Americans hooked on the delicious liquid stimulant, that a cup of coffee at home or in a retail setting, such as Starbucks, will become even more expensive. Also, factor in congested supply chains and soaring freight costs, and some Americans might switch from arabica to robusta to save money.
Robusta Coffee Prices Hit Decade-High As Supply Woes Mount Ahead Of Peak-Demand Season
I’ve got 12 cans of Bustelo stockpiled, next to the TP.
Until relatively recently Americans consumed more of the robusta variety than the arabica. The robusta is cheaper, but more bitter and acidic.
CC
Bustelo is good stuff. It will grow hair between your toes.
The woke people in fancy coffee houses may be less woke when the coffee runs out.
Glad I bought two large-size bags of whole-bean coffee on Saturday. May do it again tomorrow. Coffee keeps pretty well, and it never hurts to have some extra on hand.
My motto: Laying in a supply when you can afford it will take you through times when you can’t.
I don’t do the coffee thing, but I have seen more and more articles like this for the last few months.
I sent one to a friend and she was all omg do I have to buy coffee.
I saw a bunch of coffee listings over at slickdeals in the last few days.
also an article about buying bulk coffee at dollar tree
very strange
Meh, robusta beans have more caffeine anyway.
I prefer Arabica.
I drink Columbian, so this doesn’t affect me
Maxwell House French roast remains my favorite.
Anybody know what kind it is?
Bustelo is my stockpile go-to as well. Really good when you run it through a Bialetti Moka. I've scooped up several of these at auctions over the years - the extras are for gifts / trade goods.
I wonder if this is to boost coffee sales.
Not too woried because coffee is a wonderful trade item.
I would think somewhere on their packaging they tell you, usually they like to point out what kind of beans they use.
Their french roast k cups say arabica beans...
I just looked it up and it says it’s a mix of arabica and Robusto. The Robusto is stronger and more Bitter but the French roasting process Must smooth that out a bit because I really like it.
Does anyone here think Colombian coffee is really worth the extra price?
Honestly dont know
Most of what i have is arabica
But i usually drink flavored coffees beans with vanilla and/or hazelnut, sometimes a chocolate flavored one, they all use arabica
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