Gillies Blog
Coffee Skyrocket
The crunch in supply is caused in part by Covid; in part by the world-side shortage of shipping containers; a drought in Brazil; the recent Suez blockage; La Nina weather (a warm wet weather pattern between Australia and the Western Hemisphere); a national strike in Colombia; [...]
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Why Coffee Prices Are Soaring
Yesterday we were met with an additional unexpected event. There has been a frost in the coffee-growing areas of Brazil, and the New York market responded by shooting up 7% in one trading session.
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SCOTT REED, coffeeman
We are only human. We try to stand erect, we trip, and slip and fall, and grab at something and pull ourselves up. Sometimes we are lucky, and we triumph over our challenges. Sometimes we fail.
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