Blog posts tagged by tag: Agricultural Commodities
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Is your cup of coffee about to get more expensive going in to 2019?
Coffee prices have been sliding for years, dating back to 2016 and the conventional wisdom is that a record harvest expected this year in Brazil, the world’s largest producer of coffee, is set to keep prices low. However, according to a recent report from Barron’s, prices for coffee could take off going into 2019, which isn’t great for those coffee fiends out there; it looks like your cup of joe could get a bit more expensive.
In this post, we’ll be taking a look at current real-world examples to show how supply and demand and other market forces can impact the raw materials prices of some of the typical ingredients of a cup of coffee and how that is likely to influence how much you pay for one going into 2019.
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Expect to be paying more for a cup of coffee in 2017
For all of you coffee fiends out there, we’ve got some bad news: As reported by Bloomberg last month, it looks like your morning cup of joe is about to get a little more expensive. That’s not all, however, as it looks like the milk you put in your coffee is also about to get a bit pricier to boot. In this post we will attempt to apply economics to something all economists and non-economists can understand: a cup of coffee. We’ll be taking current real-world examples to show how supply and demand can impact the prices of some of the typical ingredients for a cup of coffee and how that is likely to influence how much you pay for one in 2017.
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FocusEconomics Launches Commodities Report with Price Forecasts for 33 Raw Materials
We are pleased to announce the publication of the new Commodities Consensus Forecast report. The report includes the latest price forecasts for 30 commodities in the energy, metals and agricultural sectors from leading local and global economic institutions, such as BMI Research, Goldman Sachs, Oxford Economics, Deutsche Bank and HSBC, to name just a few.
Click the infographic to open a full-sized version
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