Coffee
Atlantic Tropical Hurricane Season Could Cause Higher Coffee Prices
This Atlantic Tropical Hurricane Season looks to be a pretty tough year, but not only for the United States of America and our coastline. Think of all the deaths, which will be lost in the Caribbean and Central America. And if all that sounds too far away for you why not go to the kitchen and look at your coffee supply?
Coffee crops in these regions could be in for severe flooding and a ruined crop this year and that would cause World Coffee Prices to go up, as coffee like sweet crude oil is definitely a commodity and it is very much affected by the weather. Many commodities are and coffee is too.
Last year coffee prices rose for a bit and then slipped back into reason, but can we expect the same this year, or will we find coffee prices like that other black liquid we are enslaved too skyrocket? We know all too well what happened last year when Hurricane Katrina slammed into the Gulf Coast and they are just barely rebuilding now.
We saw as oil futures soared to record highs and at the pumps; sticker shock indeed. Coffee could also do this. And you like your car or SUV also need human go-go juice and that means coffee in the morning and you will have to pay the price because as it stands now in your hectic life you cannot get along without it. Consider this in 2006.
Lance Winslow
Lance Winslow
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