Starbucks, JM Smucker face higher prices as Brazilian beans dry up July 14, 2021 Global coffee prices have soared as a result of a once-in-a-century drought and the reopening of cafes as pandemic related lockdowns are eased. The importance of the drought can already be seen in a 19.6% year over year drop in Brazilian coffee exports in May which dragged global exports down ... Read more →
JM Smucker slurps up Brazilian coffee during COVID-19; Starbucks shipments sink August 5, 2020 Coffee prices for delivery in September have surged after a boost in demand for stay-at-home consumption during the pandemic. Producers of packaged products including Nestle may have done better than cafe sales dependent firms such as Starbucks and JDE Peets. Prices may also have been driven b... Read more →
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