Coffee prices, which had fallen below $1 per pound as recently as August, have finally felt a reprieve in November-December, as global exports of coffee have gone into severe decline. Central American droughts and deadly fungus are taking an especially detrimental toll on the regions output of Arabica beans. What’s happening in key coffee-exporting markets like Honduras and Costa Rica might be harbingers of what’s to come as climate change threatens to disrupt the world’s coffee output for good.
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