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Coffee Prices in the Riverina May Rise Due to Frost Damage in Brazil | Daily advertiser


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Wagga’s coffee drinkers may soon have to pay a little extra for their daily dose of caffeine, due to frost damage halfway around the world. The average price of coffee beans rose 21.6% to $ 3.65 per kilogram this year, according to industry researcher IBISWorld. This price is expected to rise further by the end of the year as Brazil, the world’s largest coffee supplier, recovers from the destruction of around 20 percent of its coffee plants. Lachlan Robinson, owner of Full Circle Coffee Roasters in Wagga, said the damage in Brazil has caused a domino effect that is already being felt in the Riverina. “The suppliers that I buy Brazilian coffee from have all had a fairly significant price increase recently,” he said. IN OTHER NEWS: “In Brazil there has been a huge amount of crops that have been killed by frost and although they still have stock in stock for the time of the last harvest, the next harvest is going to be quite short so it’s going to push the prices up a bit. ” Mr Robinson buys coffee beans from all over the world through importers based in Sydney and Melbourne, and said he has noticed an increase of up to 20% on some varieties. Rising prices have forced him to increase the cost of the coffee beans he sells online and he said he “probably should” ask for more from the local cafes he supplies. This could lead to an increase in the cost of a cup of coffee at local cafes, but Trail Street Coffee Shop manager Jesse Rendell said he was confident Wagga residents would understand. “There might be a percentage of people who would be upset about this, but they will calm down after a while,” Mr. Rendell said. “In general, Wagga has a great clientele and the main thing we found out this time around is that they are very easy going and supportive.” Mr Robinson believes that the increase in the price of coffee “is not necessarily a bad thing” despite initial customer concerns. “Considering the whole process of making a cup of coffee, it’s really, really cheap right now,” he said. “In many other industries, for example craft beer, prices tend to go up quite often and most people don’t complain, but coffee has always been quite stagnant.” “It’s just something that people will have to adjust to.” Our journalists work hard to provide local and up-to-date news to the community. Here’s how you can continue to access our trusted content:



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