According to Bloomberg, the combination of higher demand, lowering income for farmers, and a drought that is plaguing Brazil crops has led to a dreaded shortage of our beloved black gold. It is expected that there will be a production deficit of 3.5 million bags of coffee in the next year. And in order to prevent the shortage from further growing, crops will need to rise up to 50 million bags in the next decade.
You'll have to excuse me. I need to go comfort myself with the warm hug of a macchiato.
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