Prices are skyrocketing on a number of consumer staples and breakfast items — everything from coffee to milk — as companies try to offset surging costs due to supply constraints and production challenges. And relief may not be coming anytime soon.
Blue Line Futures' Phil Streible breaks down why the price of coffee and other commodities keeps rising.
Bleary-eyed Britons don’t usually ponder the Brazilian weather when they reach for their daily caffeine fix, but the topic could hit them in the pocket before long. As a nation, we knock back an estimated 104m cups of coffee every day. However, industry experts are warning over the impact on our coffee intake from freak frosts savaging the harvests of the South American exporter. More than a quarter of the UK’s coffee imports come from Brazil, typically of the higher-quality arabica variety rath