-
Ever wanted an RSS feed of all your favorite gaming news sites? Go check out our new Gaming Headlines feed! Read more about it here.
-
We have made minor adjustments to how the search bar works on ResetEra. You can read about the changes here.
We in developed countries will be fine. If you can pay £4 for a coffee in Starbucks, you'll be able to afford a moderate rise in price. We'll get first dibs on the dwindling supply, and maybe your next pumpkin-spiced frappuchino costs a few pennies more. But it won't be a big increase, because the price of the beans is a tiny part of the cost of a Starbucks (and a fairly small part of the cost for bags of coffee from the supermarket).
The impact will be felt by the developing world, where their cash crop yields drop faster than prices rise, creating huge rural poverty in areas where rural poverty is already very bad.
Coffee is massively overproduced, and is a prime example of a buyer's market, with price barely above the cost of production. It'll be a long time until there's an actual supply shortage, but production costs will rise and a lot of farmers will go out of business as market prices rise slower than costs increase (because buyers have much more market power than sellers, they can keep the price low despite rising costs). And the areas that grow coffee probably can't grow much else.
The impact will be felt by the developing world, where their cash crop yields drop faster than prices rise, creating huge rural poverty in areas where rural poverty is already very bad.
Coffee is massively overproduced, and is a prime example of a buyer's market, with price barely above the cost of production. It'll be a long time until there's an actual supply shortage, but production costs will rise and a lot of farmers will go out of business as market prices rise slower than costs increase (because buyers have much more market power than sellers, they can keep the price low despite rising costs). And the areas that grow coffee probably can't grow much else.
Genuinely made me burst out laughing. I've never seen this. Thank you!Oh god.
OH GOD!
I DON'T WANNA LIVE IN A WORLD WITHOUT COFFEE!
And yeah, this is crazy. So is coffee going to be like £10 a cup soon? The coffee shops are already half way there in the UK, lol. Why are farmers getting paid less, surely supply and demand dictates they charge more, but I guess the poor farmer sees none of that, as is the way with modern day capitalism.
Soda is trash. Also farrr worse for you then coffee (no sugar)
OP
OP
I hear you, I have a medical condition that required I drop it back in 2018. I sure do miss it.
Me too. But I think I'm actually less tired now that I don't drink it. Might just be confirmation bias, though. I think the science is not that clear about it.
Why is the coffee market price so low? ⋆ The Coffee Blog
A permanent and accumulative surplus over the years have kept the coffee market prices low. Brazil has doubled their coffee production in the past 25 years and Vietnam from a 0.1% of global share in the mid-70’s it is now the second largest coffee producer in the world.
thecoffee.blog
Sounds like there is more Coffee being made than actually being used because they have to make more to get more money. But the price goes lower because there's too much coffee.
Oh geez getting over coffee was a hard month for me. I went from 3 cups a day to nothing overnight.
Big corporations dumping tons and tons of sub par produce to fill the market.
Guess people will have to get used to drinking more robusta.
Also even without climate change coffee plants are finicky as hell. Fungal infections, beetles, too much rain, too little, too much acidity, too little... Primadonnas
Calling it a crisis is pretty tone deaf considering everything else that is happening due to climate change.
That's right, it makes a lot more sense - I was pursuing a galaxy-brained conspiracy take.
Oh come on, i switched from cigarettes to coffee as my go too addition, now what do i do? i'm not smoking again
Is Tea addictive enough?
Is Tea addictive enough?
Well, actually I think roasted beans hermetically packed can be quite good for a very long time. Not sure if anybody had a chance to study it through though. 3 years are definitely in, but what should happen in 10 if packaging is not damaged? Probably eventually protective gas will diffuse out and oxygen and water will come in, degrading the taste, but when will it happen? No idea.
Coffee is so cheap right now though. Even if supply is constrained by 50%, there'll still be good coffee. I already pay like ~$25/Kg (incl delivery) for the coffee I drink at home.
Even if you seal them, outgassing will occur. It's actually better to keep the beans green for long term storage, but even then they lose most of their flavour after a year.
Anyone got that clip from The flash series where this exact thing happened on a parallel earth making coffee one of the most valuable items to steal from alternate earths?
No.
Please tell me this is fake.
My zero sugar soda I've been drinking for years would like a word with you.
I have been to the Jamaican Blue Mountains last year and talked to one of the Blue Mountain Coffee farmers.
They are getting ripped off hard. The government passed a regulation that requires the local farmers to sell their coffee through international corporations. And these corporations engage in price dumping, despite Blue Mountain coffee being very thought after. They also were caught mixing the Blue Mountain coffee with cheap random coffee and sold it to Japan. The Japanese found out and the entire Japanese market for Blue Mountain coffee was gone.
The farmers tried to organize and make their voices heard, but they are up against huge multinational corporations that they also rely on for export logistics. It was such a depressing situation.
ah, I misread that as "the global gerbil diarrhoea crisis is coming" and was worried I wouldn't get my pumpkin spice latte this fall
I changed my mind on the IW vs Endgame debate.
Endgame is a much better movie. Has actual characters going through journeys, explores their inner lives, does a great job of mixing up tones (the humor actually lands this time) and the emotional payoff for the main characters is huge. IW is a good watch but it's a lesser movie
Endgame is a much better movie. Has actual characters going through journeys, explores their inner lives, does a great job of mixing up tones (the humor actually lands this time) and the emotional payoff for the main characters is huge. IW is a good watch but it's a lesser movie
Freeze them with a vacuum sealer
A lot of coffee professionals have been testing this of late and finding it holds up really well.
Jamaican Blue Mountain is a rip off to the consumer. It's a prime example of corporations taking an "exotic" sounding coffee and making it out to be some high caliber thing.
Coffee producers are simply not paid enough, period. If you truly like coffee and worry about its longevity please stop buying from large companies who you can find in grocery stores and amazon.
Ew. Why would you drink Pepsi?
I'll take my hot cherry Coke and be on my way in the morning.
Correct me if I'm wrong but, won't the « zone » in which coffee likes to grow just shift towards the poles as the climate gets warmer? Maybe the article should say, « The region in which everyone invested to grow coffee will shrink by 50% »
I'm in so deep on my coffee habit that I'd happily pay $25-30 CAD for 12-ounce bags I'm normally paying $19-21 for right now. It's dirt cheap and makes so many quality cups. Once you've had good South American or African coffee bean varietals it's hard to go back! I'd like to think that if producers in counties affected by climate change and the downward trending coffee prices were compensated better things would improve but the climate change aspect is another discussion entirely since it's making it hard to grow in the usual spots.
You're wrong. Coffee comes from specific regions for a reason. The soil, elevation, humidity, etc all have various impacts. Some varietals have been brought to other regions and started but you can't just fire up a coffee farm in California.
I already pay between £9 - £12 for a 250g of beans and that's fine. I'd pay more to keep the same level of quality. There's shit for £3.50 preground in supermarkets and that's crazy. Bad coffee and no one's getting paid what they should for it. I won't be sad if that goes away. Redirect all of it to specialists, pay the farmers more and help them get the quality of their crops up.