Your Cup Of Coffee’s About To Get Cheaper

From: bloomberg.com

Coffee production in Indonesia, the world’s third-largest grower of robusta beans favored by instant drinks makers like Nestle SA, will probably climb to the largest in four years in 2019, boosting global supplies and potentially further reducing costs for caffeine addicts.

Farmers in the Southeast Asian country may harvest 11.5 million bags, or 690,000 metric tons, in coming months, according to the median of estimates from four traders compiled by Bloomberg. That’s an increase of more than 5% from last year, data from the U.S. Department of Agriculture show.

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