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Monday, May 19, 2014

Coffee Fungus Raising Prices For High-End Blends

WASHINGTON -- The U.S. government is stepping up efforts to help Central American farmers fight a devastating coffee disease -- and hold down the price of your morning cup.

At issue is a fungus called coffee rust that has caused more than $1 billion in damage across Latin American region. The fungus is especially deadly to Arabica coffee, the bean that makes up most high-end, specialty coffees.

Already, it is affecting the price of some of those coffees in the United States.

"We are concerned because we know coffee rust is already causing massive amounts of devastation," said Raj Shah, head of the U.S. Agency for International Development.

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4 comments:

Anonymous said...

Well, at five bucks a cup, you'd think they would have enough money to eradicate the fungus; or at least educate the farmers and shippers how to handle it!

Oh, wait. At $5 a cup, the demand is down because my home brewed cup costs about ten cents a cup!

No wonder the other crap is getting moldy!

LOL!

Anonymous said...

Then tea it is.

Anonymous said...

that is what they want us to hear. Just like right before warm weather the gas prices goes up. Then it never comes down.map

Anonymous said...

And last night I heard on the news the U.S. is going to spend 5 million to help. He's blowing out money for everything!!!