Coffee and Questions.

Cancer November 29, 2021 Weekly Coffee Cup Reading by Cognitive Universe

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Live At 9- featuring Dr. Aleksander Jankov

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Taurus November 8, 2021 Weekly Coffee Cup Reading by Cognitive Universe

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We may soon see the price of our ‘cup of joe’ go up thanks to mother nature. Brazil, the top producer of coffee, recently saw one of its most devastating frosts in decades, damaging many coffee plants.

The frost in Brazil is the worst cold snap recorded since 1994, leading coffee bean prices to their highest point in almost seven years.

Global News’ Sharmeen Somani reports.

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Temperatures haven drastically dropped in parts of Brazil as a polar air mass advanced toward the centre-south of the global agricultural powerhouse, freezing coffee crops.

Unusually cold weather in Brazil has already sent international prices for coffee and sugar higher and July 30 was forecast to be the coldest day of the year.

Arabica coffee prices touched a nearly seven-year high earlier this week as the unusual cold weather affected the crop in Brazil, the world’s top producer, with companies poised to pass on higher costs to consumers.

Preliminary estimates from the Brazilian government indicated last week’s frosts alone had affected 150,000 to 200,000 hectares (370,000-490,000 acres), or about 11 per cent of the country’s total arabica crop area.

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Experts predict the overall coffee harvest in Brazil will be the lowest since 2003. It’s causing the cost of arabica coffee beans to rise by the highest amount in five years.

Brazil’s record coffee harvest last year was the result of favorable weather and producers were also helped by a hike in international prices. But this year is not looking good with a severe drop in production caused mainly by drought in key production areas.

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Good news for coffee lovers: Drinking coffee can have positive effects on your health.