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$10 coffee to scorch cafepocalypse

January 21, 2025 - 12:00 -- Admin

It was only a few weeks ago that LVO wrote an excellent piece decomposing Australia’s detonating cafepocalypse. A critical component of the meltdown is the exploding price of coffee beans. There is no immediate end in sight to the shortage. There is a heavy backwardation in futures but no return to reasonable prices for years.

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