“A drop in supplies of high-grade arabica coffee beans and a growing taste for upmarket coffee among the middle classes of China, Brazil, Indonesia and India are blamed for the sharp rise.”
Yeah... and abc stated that gas prices are so high and going higher because china and the developing world were increasing their oil consumption... due to the... now get this... world wide economic recovery. Last I checked... most of these places were short on food and protests and riots are growing in many places.
“Continuing weakness in the dollar has also kept many commodity markets soaring and encouraged a buy-up of arabica beans.”
SPECULATORS AGAIN... must be those same evil RICH folks making over $250,000 a year and only have wealth because they stole it from someone else... that speculate on oil and cause our $5 and rising pain... that are driving up java prices too huh? /S
“Coffee prices have more than doubled in the past seven months. Supplies are running low because heavy rain led to worse than expected harvests in Colombia, the second-largest producer of arabica beans after Brazil and also in Indonesia, Mexico and Vietnam. Colombia’s supplies dipped to their lowest level in 33 years.”
Just like the Libyan conflict is driving up oil prices huh? /S
Just damn.
LLS
” most of these places were short on food and protests and riots are growing in many places.”
Last you checked these places were short on food and had riots growing in many places? When and where did you check? You really need to go check again.