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Coffee Skyrockets as Weather Affects Crops
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[quote:KoFFee_:MV8xOTg0MTE3XzMzMzM3NzgxXzcwNDBDN0I2] [quote:Dr. Acula:MV8xOTg0MTE3XzMzMzM3NjE2XzNFMjQ4MzZC] [quote:KoFFee_:MV8xOTg0MTE3XzMzMzM3NTA4X0MyQzEyMTc0] [quote:Dr. Acula:MV8xOTg0MTE3XzMzMzM3NDE0X0QzQUUzNjI5] I spent quite a bit of time in Lapeer [/quote] We've done quite a bit of traveling throughout the state. Up north is nice, but after seeing the scenery out west, it pales in comparison. I'm not originally from Michigan and lately I've been thinking about moving out of state. We'll see. [/quote] i'm from Kentucky, and currently reside here... I traveled a lot back in the day [/quote] The bluegrass state! We visited Lexington and looked around at homes back in '94. I can't remember the hotel we stayed in, but at the time, a basketball tournament was going on and the hotel was bustling. Hotel staff told us there are two things you must love if you live in Kentucky--basketball and horses. It was beautiful there. [/quote]
Original Message
Oh No! Doom for me!
Coffee skyrockets as weather affects crops
The price of coffee is skyrocketing on speculation that Colombia’s harvest will be smaller than expected for the fourth straight year.
Coffee for December delivery jumped 10.6 cents, or 6.5 percent, to finish at $1.7365 per pound. That’s the highest level since early August.
Although Brazil’s coffee crop appears headed toward a robust harvest, Colombia’s crop was hampered by heavy rainfall that caused delays earlier in the season. Colombia could produce a smaller-than-expected crop for the fourth consecutive year, Barclays Capital analysts said in a report on Friday.
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