( ) -q-23- UNDATED (Correspondent Jeremy House) “global coffee prices.” The world’s top coffee producers are encountering weather-related problems. [CutID: <Cuts> BRAZIL-VIETNAM-COFFEE-house-q-MONam.mp3 Time: 23s Title: BRAZIL-VIETNAM-COFFEE-house-q-MONam Out-cue: global coffee prices] TAG: Correspondent Jeremy House reporting. Prices prices haven’t reached the record highs the world saw in the late 1970s, after a severe frost wiped out […]
Audio
Brazil drought punishes coffee farms and threatens to affect prices
( ) -q-23- UNDATED (Correspondent Jeremy House) “global coffee prices.”
The world’s top coffee producers are encountering weather-related problems.
[CutID: <Cuts> BRAZIL-VIETNAM-COFFEE-house-q-MONam.mp3
Time: 23s
Title: BRAZIL-VIETNAM-COFFEE-house-q-MONam
Out-cue: global coffee prices]
TAG: Correspondent Jeremy House reporting. Prices prices haven’t reached the record highs the world saw in the late 1970s, after a severe frost wiped out 70% of Brazil’s coffee plants. But they have been soaring in recent years.
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VERBATIM: Brazilian coffee farmers are grappling with above-average temperatures as the country, the world’s largest coffee producer, faces its worst drought in more than seven decades. Vietnam, the second-largest coffee producer, is also experiencing heat and drought, affecting its coffee crops. As a result, potential supply shortages in both countries have driven up global coffee prices.