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Nervousness" Ripples Across Coffee Market As Prices Hit Fresh Record Highs

submitted by dosvydanya_freedomz to EconomicCollapse 3 monthsJan 25, 2025 08:10:01 ago (+10/-0)     (www.zerohedge.com)

https://www.zerohedge.com/commodities/nervousness-ripples-across-coffee-market-prices-hit-fresh-record-highs

Arabica coffee futures surged to record highs on Friday, fueled by the ongoing global supply crunch. The most-active contract climbed nearly 2% in late morning trading, reaching the highest price levels on record dating back to 1972. The multi-year parabolic move in coffee prices only suggests higher Starbucks and/or supermarket market prices in the months ahead if hedges fail to offset bean inflation.


13 comments block

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[ - ] Ducktalesooo000ooo 6 points 3 monthsJan 25, 2025 08:12:53 ago (+6/-0)

Umm.. did they drink a bunch of coffee or are they actually nervous?

[ - ] dosvydanya_freedomz [op] 1 point 3 monthsJan 25, 2025 08:36:48 ago (+1/-0)

🤣🤣

[ - ] BeholdTheLight 4 points 3 monthsJan 25, 2025 12:25:53 ago (+4/-0)

Before jews, one just went out and bought coffee. With a stable gold backed currency, the price stayed consistent for 200+ years with no issue. Post jews one has to now buy future contracts on the assumption the price will change, because assholes jews are manipulating the currency causing massive issues in the price of commodities. Somehow, people will claim the first point is bad whilst the second is good, because theyll happily gobble up bullshit if it means they dont have to think.

[ - ] PotatoWhisperer2 1 point 3 monthsJan 25, 2025 13:46:17 ago (+1/-0)

I'm convinced all Aryans would have 3x-5x their current wealth(real assets) without the jews. And space hotels.

[ - ] Trope 1 point 3 monthsJan 25, 2025 15:18:03 ago (+1/-0)

Hell, without the income tax used to pay interest on the made-up currency lent to the US Treasury, we’d all have about a third more wealth.

At minimum wage, one could easily afford formal training and start a good life for themselves.

[ - ] Puller_of_Noses 3 points 3 monthsJan 25, 2025 10:45:51 ago (+3/-0)

I don't care how good his coffee is, get that Juan Valdez out on the next C-130.

[ - ] BushChuck5002 1 point 3 monthsJan 25, 2025 09:22:42 ago (+3/-2)

I need a heated greenhouse.

[ - ] Gowithit 3 points 3 monthsJan 25, 2025 09:49:20 ago (+3/-0)

You would need at least minimum maybe 6 trees depending on how much coffee you and yours drink. You might want to make that greenhouse a field.

[ - ] MartinTimothy 0 points 3 monthsJan 25, 2025 08:57:09 ago (+0/-0)*

"The big price jump has traders reducing their exposure to the futures market due to elevated costs, making the market more prone to volatility.

Yeah right ..

[ - ] Gowithit 2 points 3 monthsJan 25, 2025 09:50:11 ago (+2/-0)

conspiracy:

they are pricing coffee out to kill the industry.

[ - ] dosvydanya_freedomz [op] 1 point 3 monthsJan 25, 2025 10:07:55 ago (+1/-0)

that could be it

[ - ] Gowithit 2 points 3 monthsJan 25, 2025 10:25:37 ago (+2/-0)

[ - ] Love240 0 points 2 monthsJan 31, 2025 19:52:04 ago (+0/-0)

The technology is already used on a commercial scale to produce cancer drugs Paclitaxel and Docetaxel (which contain a bioactive found in yew tree bark that Phyton Biotech makes via plant cell culture) and Elelyso, a drug used to treat Gaucher’s disease (which contains an enzyme produced by Israeli firm Protalix in carrot cell culture).

Every. Single. Time.