Coffee bean glut driving down prices
By Marvin G. Perez and Luzi Ann Javier, Bloomberg Like many coffee growers, Nils Solorzano Villareal figured it made sense to expand output as prices surged to a 14-year high in 2011. Now, the 71-year-old Costa Rican farmer is harvesting at a loss. Record crops from Brazil to Vietnam are compounding a global surplus that […]
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