Lower coffee yields in Brazil may cause spike in coffee prices around world news.am - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from news.am Daily Mail and Mail on Sunday newspapers.
As Brazil experiences extreme frost in the coffee bean industry, huge shortage is happening globally and is affecting the price of the coffee beans six-years high. As the leading coffee producer in the entire world, the market will surely experience drive up costs in coffee shops and supermarkets.