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 Farmer Olga Vargas Named Among FAO’s 100 Women Heroes

Olga Vargas, a farmer who grows guavas and raises tilapia in southern Costa Rica, has been named among 100 women recognized by the United...
Read more

Tárcoles Crocodiles Have Prime Habitat in Just 13% of River Area Studied

Only about 13% of the lower Tárcoles River offers high-quality habitat for its crocodiles, according to a new study from the National University (UNA),...
Read more

Flash Floods Trap People in Heredia and Escazú as Storms Dump Up to 80 mm

Heavy afternoon storms flooded streets across Heredia and western San José on Sunday, trapping people behind fast-rising water and forcing rescues in at least...
Read more

Atenas launches Gallery Nights: a different artist every month, with the Central Valley as a backdrop

The series opens in November with Terry Eldridge, followed by John Taylor in December and Joanna Woskowicz in January Starting in November, Atenas will have...
Read more

Costa Rica Searches Guácimo Farm for the Bodies of 10 Missing People

Investigators searched seven homes on a Guácimo farm linked to the Coco Guácimo network after tips that at least 10 missing people may be buried there.
Read more

Costa Rica Office Vacancy Could Hit 27% by 2030 as Multinationals Cut Jobs

Costa Rica office vacancy could reach 27.1% by 2030 as multinationals cut 2,205 free-zone jobs, an analyst warns.
Read more

El Niño Peak Expected in December With Record-Warm Pacific Waters, WMO Warns

El Niño has not peaked yet. The WMO expects it to keep strengthening until around December as Pacific waters head for record heat.
Read more

Thousands of European Investors Fear Losses as Costa Rica Teak Scheme Collapses

More than 6,000 Europeans paid about 200 million Swiss francs for teak trees on 60 Costa Rica plantations. The seller is bankrupt and Swiss prosecutors are investigating.
Read more

Costa Rica’s Licensed Taxi Fleet Has Shrunk by Nearly Half Since Uber Arrived

Costa Rica's licensed taxi fleet has fallen to roughly half its original size, according to taxi industry representatives, who say about 6,800 drivers remain...
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