Climate change is such a force of nature. CM’s local newspaper said it affected household pets, a university study said it created toxic masculinity and now the Daily Mail reports that coffee prices could soar due to climate change! The thought our ritual cup of Joe in Australia could cost as much as $7! Torn asunder.
Never mind that coffee bean commodities trade at 1/3rd peak prices of 8 years ago. Bit of a buffer, wouldn’t you say? Ironically coffee retail prices have only crept higher in Sydney meaning that rent and wages have been a larger factor on our morning kick starter than the beans themselves.
The Mail reports,
“Mark Dundon, 57, co-owns Seven Seeds cafe in Carlton, an inner-north suburb of Melbourne, and has been a part of the cafe scene for 18 years.
He says climate change is making it harder for farmers in South America and South-East Asia to grow coffee and once they sell their product to major companies, the price they receive is often below the production costs.
He believes prices could explode because producers are abandoning the industry for better work.”
He needn’t worry. The 16yo pig-tailed high priestess of the global climate emergency movement can lead worldwide protests to make sure her band of teenagers don’t acquire such a filtered caffeine habit. That way we poor adults won’t have excess demand pressures to keep us struggling through the day.
What will likely happen is a lot of consolidation driven by the majors like Nestle who will keep a lid on prices so we won’t need to sacrifice several cups a day habits.
Perhaps until Mr Dundon joins the “die-in” climate emergency protests in central Melbourne we can remain safely assured his business is doing ok, especially now that he has probably overheard his customers thinking of booking their ski trip to Falls Creek a month early due to the massive snow dumps!!
If worst comes to worst Baldrick can always find us substitutes.
Thanks to Simon F. for the flag on this story.