From: bbc.com
The world’s coffee industry is in crisis. This May, coffee prices fell to their lowest point in over a decade at $0.88 (£0.70) per pound.
The dip is largely due to two years of surplus from Brazil, the world’s largest coffee producer, which has had a serious impact on growers around the world by pushing millions of kilograms of beans onto the market. Economic issues in coffee-producing regions like Central America and Africa are also at work.