iPCC's coffee data. It's creepy. Supply chain?
Not an empty theory either. brazil 2021 gets frost once, direct production goes down 11%, arabika prices jump from about $1.20 a pound to $2.40 a year. Double. Colombia FNC also released 14% production data at 2022- 2023 due to the prolonged La Nina.
From the supply chain side, this should be wake up call. Diversify original, long-term hedging, more aggressive forward contract. But the fact is a lot of buyers are still one- region dependent.
Is there anyone who's serious about this?

