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International Business Times
International Business Times
Science

The Global Forces Sending Coffee Prices Skyward

Graphic showing the change in the price of a pound of Arabica coffee (Credit: AFP)

Climate change, political headwinds and diverging market dynamics around the world have pushed coffee prices to fresh records, jacking up the cost of your everyday brew or a barista's signature macchiato.

While the current hot streak may calm down in the coming months, experts and industry insiders expect volatility will remain the watchword, giving little visibility for producers -- two-thirds of whom farm parcels of less than one hectare (2.5 acres).

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