JDE Peet’s unafraid of supply chain cost inflation as Brazil coffee crisis looms August 16, 2021 JDE Peets reported H1’21 revenues which rose by 0.5% year over year driven by weak food service revenues and pandemic-related lockdowns. The firm also faces inflation in raw materials and distribution costs. The price of coffee is rising and most recently has faced extreme droughts and an unse... Read more →
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 →
J.M. Smucker, Neumann slurp up Brazil’s coffee as rainfall fails May 19, 2021 Brazil’s agricultural exports may be under threat after unusually weak rainfall conditions during the first four months of 2021, with forecasts not expecting a return to normal until October. That follows a boom in exports. Brazilian exports of fruit, coffee, sugar, grains and beans have incre... Read more →
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