Coffee & Environment Enhancing Sustainability: How Increases in Coffee Prices Affect Cooperatives
Enhancing Sustainability: How Increases in Coffee Prices Affect Cooperatives: From early 2021 to mid-2022, coffee prices rose steadily, with Arabica futures hitting a ten-year high of US$258.95 cents per pound in February 2022.
This is attributed to several reasons, including weather (such as a sudden freeze that affected some of Brazil's main coffee-producing regions in July 2021 ), the rising price of shipping containers, and that the International Coffee Organization to halve its 2020/21 global coffee surplus to a 22-year low in early …