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The most important data point used to gauge the health of the U.S. coffee industry has suddenly gone dark, giving an added advantage to the biggest trading houses and roasters.
Data tracking the amount of coffee parked in warehouses at American ports – which helps analysts, traders and cafe owners alike judge supply and demand – was suddenly pulled from the market earlier this month.
Financial Times writers John Reed and Jyotsna Singh reported late last week that, "India imposed controls on exports of several varieties of rice on Friday, in a move likely to affect the global market for one of the most commonly eaten staple foods as commodity prices surge following Russia’s invasion of Ukraine."