– Arabica Bean Hits 2011 Highs As Coffee Inflation Soars:
Consumers are furious that ground beef, orange juice, eggs, cocoa, and food in general have skyrocketed in price. For low—and middle-income households, a trip to the supermarket has become a painful experience in the era of Bidenomics. Adding to the strain, the cost of a cup of coffee will rise even higher into the end of the year and likely in the first half of 2025.
Bloomberg reports that premium arabica beans are experiencing adverse weather conditions in top producer Brazil, pushing prices up in New York to a 13-year high.
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