Image Credit: pxhere
Rio de Janerio: Coffee traders are just starting to come to grips with the extent of Brazil’s weather woes as prospects for next year’s harvest shrivel in the hot and dry conditions.
The smooth-tasting arabica beans that Brazil ships to buyers including Starbucks Corp. saw little reprieve in November, with rainfall missing estimates and prices paid to local farmers approaching record levels, according to the nation’s top growing cooperative Cooxupe.
“Rains have been awful, well below the average,” Cooxupe Commercial Director Lucio Dias said, adding the impact may extend into…
