Your latte could get even more expensive, thanks to a drought in Vietnam that's strangling coffee bean production
Vietnam produces more than a third of the world's robusta coffee – but drought threatens production and prices.
Nhac Nguyen/AFP via Getty Image
- Robusta coffee futures hit a 16-year high because of a prolonged drought in Vietnam.
- Vietnam and Brazil, the top robusta producers, face climate issues affecting harvest and supply.
- Vietnamese farmers are also holding onto their beans, hoping to sell them for higher prices.
Lattes may get pricier, as a key indicator...
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