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Café sufre mayor caída desde el 2010, cede temor por helada en Brasil
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Coffee drops most since 2008, Brazil frost worries ease
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by Tyler Durden
Tuesday, Jul 27, 2021 - 09:00 PM
Brazil s top growing regions for coffee, sugar, and oranges are expected to see another round of frost later this week. A cold snap last week sent coffee futures to a seven-year high. Now orange juice futures are skyrocketing.
Brazil is the world s leading orange juice producer. There are concerns about widespread frost Friday and Saturday in the southernmost regions of south Minas Gerais state could damage citrus trees.
Drew Lerner, president of World Weather Inc, told Bloomberg that frost later this week would damage some trees in the Minas Gerais state. Below are Friday morning forecast temperatures hovering around freezing.
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Freeze, drought put Brazil s coffee harvest in jeopardy, fuel price surge
by Bloomberg
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Today at 1:55 a.m.
Coffee beans are piled into a bin to be cleaned at a farm in Guaxupe, Minas Gerais state, Brazil, on June 2, 2021. MUST CREDIT: Bloomberg photo by Patricia Monteiro.
The world s biggest coffee supplier is facing some of the coldest weather in more than 25 years, dimming hopes for the harvest and threatening to raise prices for the popular beverage.
Temperatures in Brazil s coffee-growing regions fell below 32 Fahrenheit for hours last week, with southern Minas Gerais the coldest since 1994, according to Rural Clima. Damage to coffee as well as some orange groves was very significant, said Marco Antonio dos Santos, a meteorologist at Rural Clima in Valinhos. Another cold front is expected this week.
California farmers facing drought choose not to plant crops
California grows a third of the nation’s vegetables and two-thirds of its fruits and nuts. Some farmers are choosing to leave fields empty.
(Darryl Bush / Associated Press)
Bloomberg
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In some areas of California it’s so dry that farmers aren’t even bothering to plant crops this season.
Growers north of San Francisco have begun pulling out of local farmers markets and produce-box programs.
County Line Harvest, which farms more than 30 acres in Petaluma, doesn’t have enough water to grow all the peppers, lettuces and other produce that normally go into its subscription boxes, according to a video on its Instagram page. Nearby farms are saying the same, underscoring the effect of the extended dry spell.
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