Coffee prices could increase due to drought in BrazilLAWRENCE SMITH/FAIRFAX NZ Coffee commodity prices have risen on fears that the world's largest coffee producing nation, Brazil, will facing a production crisis. Coffee prices could rise if a drought in Brazil, the world's biggest coffee producer, continues to put pressure on supply, the New Zealand Specialty Coffee Association says. Coffee costs roughly $40 to $50 per kilo and a kilogram will usually produce 40 to 60 double espresso shots , she said. Gichard, who is also chief executive of Ozone Coffee Roasters, said Ozone imported a lot of coffee from Brazil and would be impacted if pressure came on coffee production. Climate change would affect coffee production in some parts of the world but that would just mean other coffee producing regions would develop, Gichard said.

Source: Stuff September 28, 2016 04:04 UTC