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The Staggering Impact Of Falling Coffee Prices

From: axios.com

Global coffee prices staged a small rally at the end of May, rising by around 10% as they bounced off a 15-year low of $0.867 per pound.  That rally was short-lived and has since reversed, including a 6.2% fall for futures prices last Wednesday. Now coffee is again trading below $1 a pound, less than half the value it fetched 5 years ago, because of a flood of beans from leading producer Brazil, which is falling into recession and has seen its real currency weaken.

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