Saturday, May 28, 2022

Barron's: Lower Prices Are Brewing for Coffee. Thank the Weather Forecast.

By SIMON CONSTABLE

Relief is at hand for coffee lovers who have been blighted by soaring prices for the past year or so. For that, they can thank favorable weather in South America and lower-than-expected demand growth.

“In the absence of a weather event, prices are likely to trend down,” says Carlos Mera, the head of agricultural commodities market research at Rabobank in London. Read more here.

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