Coffee prices have been stuck below the cost of production for the longest stretch since the global financial crisis, leading some producers to abandon crops and some to migrate for new jobs.

Even as gourmet-coffee consumption is on the rise, most producers get only a dollar per pound of beans. A 2017 study by Cornell University for Fair Trade USA placed the average cost of coffee production at $1.40 a pound. Coffee prices have been below that price for 20 straight months, the longest stretch since 2008, according to FactSet data.

https://stockmarketnews.today/2018/12/19/coffee-prices-have-been-stuck-below-the-cost-of-production-for-the-longest-stretch-since-the-global-financial-crisis-leading-some-producers-to-abandon-crops-and-some-to-migrate-for-new-jobs/

Submitted December 19, 2018 at 11:44AM by AALERa
via https://ift.tt/2A6i5We

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