Although prices have declined by around 17% over the past month due to harvest progress and expectations of increased supply, they remain nearly 18% higher than they were a year ago.
London robusta futures, the global benchmark for the cheaper coffee variety, reached a record high of nearly $5,700 a ton earlier this year, significantly above the historical average of $1,700. Arabica prices similarly spiked last year, rising 70% to $4.20 per pound, driven by poor harvests in Brazil and Vietnam and strong speculative interest.
That cuppa Joe at Starbucks will be priced somewhere in the stratosphere if their using Bazil nuts. Better stick with the Colubian stuff - coofee beans I mean. Ort, switch to tea like I did 20 years ago...
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Have you ever tried one of these?
Anyway, we have one in our kitchen and it's great for a coupla reasons. First and foremost, Babs and I are tea drinkers, so there's that. The other thing is, if you fill this thing full and turn it on, it gets the water to baoil in about a minute.
Use that water to start your pasta in, and you're eating easily 15 minutes sooner. Juss' sayin' - I like it. Click on the picture and get one for yourself. This is the tea we like, also from Belfast:
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A pound of coffee is still cheaper than a few cups at Starbucks. I'll keep drinking coffee even if the grounds are $25. a pound.
ReplyDelete2 things:
ReplyDelete1) If I have to pay more for coffee for a few years, I'll accept it for the time being. I figure it would be MY contribution to MAGA.
2) If you are trying to wean yourself from coffee, try Bigelow's Salted Caramel tea. It's not coffee (although it is caffeinated), but it has a really good taste, and is a reasonable substitute for the duration.