Rising Coffee Prices: A Story of Supply Shocks
Blog: Conversable Economist
The US produces almost no coffee, other than small quantities from Hawaii. However, the US market imports about 15% of global coffee production each year, and thus is fully exposed to global coffee prices–which have been on the rise. Angela Cantor describes the recent supply and demand patterns in “Historic coffee prices percolated after a … Continue reading Rising Coffee Prices: A Story of Supply Shocks
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