Coffee prices and climate - Richard Goatley, Altezano Brothers

Just three years ago, the average price of a takeaway coffee was $4.33. Since then prices have marched north with Stats NZ officially recording the average to be $4.85 but good luck finding that in Auckland or Wellington. The reason: coffee beans. The price of the most popular bean, arabica, soared 70% in 2024 and nearly 20% so far this year to an all-time high.What’s going on - is someone skimming a profit here, is it climate change? To help us through this bitter news Vincent was joined by Richard Goatly, one of the brothers from Altezano Brothers coffee roasters. https://altezanobrothers.co.nz/