State of the Coffee Market
Half-Pregnant We are in a particularly awkward moment in #coffee, and the stakes are high for the direction of price. Already faced by two, back-to-back deficits, there are some good analysts out there who believe we are headed for a third deficit, and that could have severe consequences for price. Coffee is in a precarious state “half-pregnant” (to quote a mentor of mine) with prices expensive, but not above 200c and the future is uncertain. For my own view, I hold a not-ve