The price of your morning coffee may go up because of a drought in Brazil.
It’s expected to continue through August which means 2022 and 2023 crops will have weak yields.
Coffee prices have risen by 70% in the past year.
Coffee is the latest commodity to hit multi-year highs as #Brazil drought sends prices soaringhttps://t.co/7d3RLYT8CB pic.twitter.com/amdlavb7up
— Business Insider India🇮🇳 (@BiIndia) June 2, 2021