Coffee is so expensive, criminals are stealing beans by the truckload
Your next cup of coffee could be hotter than you think. Organized criminals in the United States, Brazil, and Viet Nam are stealing coffee beans by the truckload, reports Reuters. The price of green coffee beans has shot up to an all-time high due to floods and droughts in major coffee-growing areas like Brazil.
Coffee theft surges in the US as prices for the beans soar
Theft of truck loads of green coffee beans is surging in the United States, the world's largest importer of the commodity, as prices for the beans increased to all-time highs in the last year, according to transportation companies.
Coffee Prices Just Hit a Record High — and They’re Still Climbing
Coffee prices just hit an all-time high, and experts say the worst may be yet to come. A combination of extreme weather, supply chain struggles, and market panic is driving up costs — and that means pricier lattes for everyone.
Coffee theft surges across US; global coffee market braces for volatility
Coffee thefts have surged across the U.S., driven by rising prices and demand for the commodity. The trend is creating instability in the global coffee market, leading to potential volatility in both supply and prices.
Coffee Heists on the Rise: Criminals Cash In on Record-High Prices
Theft of coffee beans is rising in the United States, with organised gangs targeting truckloads of the commodity as prices hit all-time highs. According to Reuters, criminals are using sophisticated tactics to disguise themselves as legitimate operators,
Yahoo Finance10d
Brazil's coffee stockpiles dwindle as prices hit record highs
GUAXUPE, Brazil (Reuters) - In a Brazilian coffee warehouse usually stuffed with a quarter of a million bags of the aromatic bean, voices echo in the largely empty space at a large producers ...
Crisis brews as global drought set to send NYC’s coffee prices soaring
The cost of New Yorkers’ morning java is about to get even more expensive as a prolonged drought in Brazil, which produces nearly half the world’s Arabica beans, sends shockwaves around the ...
The Associated Press on MSN10d
As warming climate hammers coffee crops, this rare bean may someday be your brew
Earth's warming climate is causing problems for big coffee producers everywhere and some are looking to a rarely cultivated ...