#PODCAST ANALYSIS: Poor conditions in big coffee producing nations results in a global increase in the price of coffee #sabcnews

By Newsbreak Senior Producer Taresh Harreeparshad - Coffee is becoming more expensive. Unfavorable conditions in Brazil and Vietnam - two of the world's largest coffee producing nations - has resulted in the global increase in the price of coffee. 250 grams of instant coffee rose by 30.6% year on year - with ground coffee rising by 6.8% for the same period. This has been attributed to drier conditions in Brazil and Vietnam, resulting in poorer yields in crop production. FNB Commercial Senior Agricultural Economist Paul Makube explains what this means for avid coffee drinkers...