Wednesday, September 19, 2018

Stories we can believe, right?


The New York Times: “Climate Change Threatens World’s Coffee Supply, Report Says.” 

TIME magazine: “Your Morning Cup of Coffee Is in Danger. Can the Industry Adapt in Time?” 

Newsweek: “Climate Change Effects Could Mean the End of Coffee Beans.”

Popular Science: “Climate change will make your coffee cost more and taste worse.”

Uh, no.

“According to a new report by the Financial Times, prices for coffee beans have hit a 12-year low. But that’s only taking into account recent data. If we look all the way back to the beginning of time (which, in this case, is the 1970’s), we see that the highest coffee prices, just under $3.40 per pound, occurred in April 1977. Today, the coffee price is about 93 cents per pound.


Link at maggiesfarm.

Bean shortages and price hikes occur now and then because of colder weather, but that is an aberration.


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