COVID-19 shockwaves could create a round of trouble for the coffee industry, according to Purdue University. Starting in the 2011-12 growing season, a powdery orange fungus called coffee leaf rust spread throughout Latin America and Central America, damaging crops on 70 percent of farms and causing more than $3.2 billion in damage. Coffee crop management programs helped growers mitigate the …
Coffee Supplies May Drop on Low Farm Earnings
International coffee growers are warning fewer coffee supplies may be in the future as coffee farmers are earning very little globally. The International Coffee Organization this week said farmers’ low earnings in many countries were depressing supply even as demand grows by two percent annually, according to Reuters. Rabobank last month forecast a 2017-18 global coffee deficit of 6.1 million …