Coffee Gets Even Pricier as Arabica Jumps to Highest Since 1977

Yahoo

 

Coffee futures extended their rampant rally to the highest in more than four decades in New York on global supply worries, threatening to further raise costs for consumers.

Arabica beans — the variety favored for specialty brews — climbed as much as 3.9%, hitting the highest since 1977. They’ve jumped almost 70% this year.

A severe drought earlier this year in Brazil has fueled worries about the country’s output. That comes on top of concerns about another bean variety produced in Vietnam, after a key coffee belt was hit by dryness during the growing period and heavy rains arrived at the start of harvest.

READ THE FULL STORY 

 

 

 

 

 

 

 

 

 

Latest News

Ken Paxton

State AGs Sue Three of the World’s Biggest Asset Managers for Allegedly Violating Antitrust Laws

Nov 27, 20242 min read
Texas Attorney General Ken Paxton is leading 10 other GOP state attorneys general in a lawsuit against BlackRock, State Street Corporation and Vanguard Group, three of the largest asset managers worldwide, for allegedly violating antitrust laws. The firms allegedly conspired to use anticompetitive trade practices to artificially constrict the coal market, according to Paxton's office. They acquired substantial stockholdings in all significant, publicly held coal producers in the U.S., allowing them to have the power to control coal company policies. These asset managers pushed for reduced coal output by more than half by 2030.
Donald Trump

Trump Cabinet Nominees, Administration Appointees Threatened, Swatted: Transition Team Spokesperson

Nov 27, 20241 min read
Several of President-elect Donald Trump's Cabinet nominees and administration appointees received bomb threats and were swatted Wednesday morning and Tuesday night, according to his transition team's spokeswoman. "Last night and this morning, several of President Trump's Cabinet nominees and Administration appointees were targeted in violent, unAmerican threats to their lives and those who live with them," Trump-Vance Transition Spokeswoman Karoline Leavitt said in a statement. 
Vaccine Shot

NIH Official Says He Won’t Get COVID Boosters, Admits Shots Are Ineffective; Not Worth the Risk of Heart Damage

Nov 27, 20245 min read
A public health official at the National Institutes of Health (NIH) was caught on hidden camera admitting that the COVID shots are not terribly effective and not worth the risk of heart damage in people under 30. None of the assertions made by Raja Cholan, Chief of the Health Data Standards Branch at the U.S. National Library of Medicine, would come as a surprise to Americans who distrusted the legacy media narratives during the COVID pandemic and turned to to alternative sources of news such as The Defender, Epoch Times, Alex Berenson’s Unreported News, Steve Kirsch’s Newsletter, Open VAERS, Vigilant News, and American Greatness, among many others. Still, it is striking to see a current NIH official corroborating our reporting on the faulty products even as the Biden regime continues to push them.
Arizona Man Charged with Threatening to Kill Donald Trump

Arizona Man Charged with Threatening to Kill Donald Trump

Nov 27, 20242 min read
An Arizona man on Wednesday was charged with threatening to kill President-elect Donald Trump, after he posted multiple threatening videos on social media.
Ohio GOP Gov. Mike DeWine Signs Transgender Bathroom Bill

Ohio GOP Gov. Mike DeWine Signs Transgender Bathroom Bill

Nov 27, 20242 min read
Ohio GOP Gov. Mike DeWine has signed a bill that includes requiring schools and universities to designate bathrooms and other similar public facilities for exclusive same-sex use, based on students’ sex assigned at birth.

0 Comments

Submit a Comment

Your email address will not be published. Required fields are marked *