Instant Coffee Prices Risk Rising With Brazil’s Dryness Hurting Crops
- Production of cheaper robusta bean seen lower than expected
- Crops at world’s largest coffee producer also face strong heat
Lack of rain and above-average temperatures are expected to cause the world’s largest coffee producer to harvest less of the robusta bean type than expected.
Photographer: Linh Pham/BloombergThis article is for subscribers only.
Dry weather risks damaging Brazilian crops of the cheapest coffee bean variety, threatening to make instant coffee less affordable.
Lack of rain and above-average temperatures are expected to cause the world’s largest coffee producer to harvest less of the robusta bean type than expected. Weather impacts from El Niño will reduce output from a key producing region of the beans used in instant coffee.