Coffee prices are set to soar due to drought in this country

Get the Full StoryIn Brazil, the world s largest coffee producer, Almeida and other farmers have started grappling with the nation s worst drought in more than seven decades and above-average temperatures.

Silvio Almeida s coffee plantation sits at an ideal altitude on a Brazilian hillside, whose clay-rich soil does well at retaining moisture from rainfall and a nearby reservoir.Lately, though, water is scarce on Almeida s modest farm in Caconde, a town in one of Sao Paulo state s key growing regions. He can t get his coffee to grow the way it should.In Brazil, the world s largest coffee producer, Almeida and other farmers have started grappling with the nation s worst drought in more than seven decades and above-average temperatures. Almeida expected to harvest 120 sacks of coffee beans this harvest season, but instead managed just 100.

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