If you’ve already flinched at $7 for a latte, brace yourself – coffee prices are expected to climb even higher in 2025. Buzz60’s Maria Mercedes Galuppo has the story.
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00:00If you've already flinched at $7 for a latte, brace yourself.
00:04Coffee prices are expected to climb even higher in 2025.
00:09Arabica coffee, known for its higher quality, has already jumped over 80% in just a year,
00:15reaching prices not seen in nearly 50 years.
00:19Why?
00:19A mix of weather disasters in Brazil, the world's biggest coffee producer, has devastated crops.
00:25On top of that, Vietnam, the second largest coffee grower, has seen prices surge over
00:3050% this year, especially for its more affordable Robusta beans.
00:35But the news isn't just about this year.
00:38Extreme weather events, like droughts, floods, and frosts,
00:41are likely to become more frequent due to climate change.
00:45That means we could see continued price hikes for coffee lovers.
00:49Expect prices to rise by 50 cents to $1 per pound in 2025.
00:54So whether you're sipping on a latte or brewing at home,
00:57you might want to rethink that coffee habit after all.