S. Korea President, Texas Abortion Lawsuit, Coffee Prices

814.383 - 836.821 Alina Selyukh

And so when people think those beans won't grow or there won't be enough, those who need those beans scramble, speculators go nuts, and it all only spirals the price further, which is what's happened. And it doesn't help that this week one of the world's biggest coffee traders made a forecast that Arabica—coffee like I have here— could see supply decline by nearly a quarter in the next cycle.