News & Articles
Coffee Prices up 70%++(March 09, 2011)
You have surely heard in the press that coffee prices are up. It's true, they're at a 34-year high!
Whilst some countries have seen a lower production this year, the worldwide production is actually up and so the majority of the increase in the coffee market can be put down to speculation. Although not exclusively so, as higher oil prices and higher demand have also pushed prices upward.
Whilst this may be frustrating to us consumers in the West, it is good news for farmers reeping the benefits of increased prices, especially those that direct trade companies like Ethical Addicitons work with who will see a greater proportion of that increase than they otherwise would have.
Keep tracking us to see more news from the farms soon.