Most Australians love a morning cup of coffee. It’s part of our morning routine.
Wake up, get dressed, get a cup of coffee. A sacred ritual.
Coffee prices are set to rise after a ‘disaster’ harvest in Australia. The ABC has reported that Kahawa Estate Coffee at Teven has “lost 80 per cent of our crop on the ground” due to the lack in contract pickers
Brazilian Bean’s have also suffered from drought and extreme cold weather.
Pricese have begun to surge, boosting at 21.6% already. This month will start to see the supply drop off dramatically.
The supply has been pushed by lockdowns and the increase in home machines.
With the combination, we should brace for a tough 18 months minimum for coffee supplies.