HomeArchiveCoffee Prices Drop 20% in Past Month

Coffee Prices Drop 20% in Past Month

Tico Times
By Tico Times

AFTER six months of rising prices,international coffee prices dropped 20%in the past month following predictionsthere will be no freezing during Brazil’snext harvest.Brazil is the world’s largest coffee producer.Its production level can dramaticallyaffect global prices. The news from Brazilcrushed hopes that a worldwide productionsurplus, which has caused low internationalcoffee prices since 1998, would subsideduring the upcoming harvest.Abundant production in Vietnam, theworld’s second-largest producer of coffee,also contributed to the low prices.

Trending Now

Costa Rica Asks You to Cut Water Use as the El Niño Dry Season Begins

Costa Rica's water utility wants you to save water as the dry season starts this week under a strong El Niño. There is no rationing yet. Here is what it is asking.
Read more

Costa Rica Can’t Build Its Way Out of Traffic, Public Works Minister Says

Costa Rica's public works minister says more lanes won't end traffic. Here's what MOPT is betting on instead.
Read more

San Ramón Forests Hold Nearly Half of Costa Rica’s Bat Species

The forests around San Ramón shelter at least 56 bat species, nearly half of all those recorded in Costa Rica, according to researchers at...
Read more

Your $1,000 Now Buys 46,810 Fewer Colones Than in January

The US dollar slipped again in Costa Rica this week, leaving anyone who earns in dollars and spends in colones with noticeably less buying...
Read more

Costa Rica Removes Don Pepe Figueres Monument After Protest Vandalism

Costa Rica’s Ministry of Culture and Youth removed the bronze monument to former President José Figueres Ferrer from San José’s Plaza de la Democracia...
Read more

Costa Ricans Could Vote on Reopening Crucitas to Gold Mining

Costa Ricans could be asked to decide at the ballot box whether gold mining returns to Crucitas, after President Laura Fernández confirmed that her...
Read more

Two Bull Sharks Found Dead in a Guanacaste Estuary They Had Never Been Known to Enter

Two bull sharks, rays and fish were found dead in a sand-blocked estuary at Playa Langosta near Tamarindo. Environmental authorities are investigating the cause.
Read more

Costa Rica’s Marchamo Amnesty Is Off for 2027, So Pay by Dec. 31

The 2027 marchamo amnesty failed, so older unpaid years still carry interest and fines. A new bill targets 2028. Here is what to pay now.
Read more

DEA Traced Costa Rica’s First Female Extradition Case to a 2-Ton Jungle Lab

How the DEA built the Arizona case behind Costa Rica's first female extradition case.
Read more
Tico Times
Tico Times
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel