An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Pages
▼
Pages
▼
Saturday, December 4, 2021
Ukraine
If this thing is accurate then Russia better be bringing their A-Game…
🇺🇦 is literally fighting for their fucking life and they can put out adverts 10x better than ours… pic.twitter.com/gaiEK19zV4
In most sports programs, be it at the high school or college level, the participants are "cannon fodder" for the elite athletes and sports businesses (it is a lucrative business). In Canada speak, it's why Jean-Guy has a decent slap shot, but can't read come graduation time. Parents mostly to blame -- getting priorities backwards.
I'd probably be freakin out more if Ukraine was a coffee producer. They are not, so... Yes, it's an awful thing to say, but I bet you're not like me dreaming every night of that freshly brewed cup of coffee in the morning, are you?
A global shortage of arabica coffee beans is tempting roasters to swap in the harsher robusta variety.
Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes and supermarkets. Now, your morning cappuccino or latte might start leaving a bitter taste for other reasons too.
The world is facing a desperate shortfall of arabica coffee, the variety that gives the smoothest flavor and makes up about 60% of world production. Supplies were decimated after extreme weather destroyed crops, and with a La Nina pattern forecast through early 2022 expected to further hurt yields, it could take years for the market to recover. Arabica prices are surging to reflect the mounting crisis, while global shipping congestion is making it even harder to get beans where they are needed.
“This is not just a short-term issue,” said Kona Haque, who leads research at commodity trader ED&F Man in London. “It’s actually something that we’re going to be factoring in for the next couple of years.”
Coffee roasters and retailers must now decide whether to increase their own prices. But they’ve got another option too: arabica’s harsher cousin, robusta. Some are already using more of the cheaper variety, which is typically drunk in instant coffees and contains more caffeine that gives it a bitter flavor.
The crisis has its roots in Brazil, the world’s main supplier of arabica, where once-in-a-generation frosts followed droughts to wreak havoc on the crops. Crucially, it’s not just the current harvest that farmers have to worry about, some have been “stumping” or removing badly damaged trees; newly planted ones will take several years to mature. On top of that, they’re also grappling with surging costs for fertilizers and labor shortages.
Protect their freedom by trying to subjugate Donbass and Crimea?
ReplyDeleteYou are cannon fodder.
In most sports programs, be it at the high school or college level, the participants are "cannon fodder" for the elite athletes and sports businesses (it is a lucrative business). In Canada speak, it's why Jean-Guy has a decent slap shot, but can't read come graduation time. Parents mostly to blame -- getting priorities backwards.
ReplyDelete“If this thing is accurate then Russia better be bringing their A-Game…”
ReplyDeleteRussia could crush them instantly but it’s not in Russian interest.
In A-game, i hope the "A" does not mean "atomic" :(
ReplyDeleteLooks like it’s setting up for a good conventional scrum…
ReplyDeleteI'd probably be freakin out more if Ukraine was a coffee producer. They are not, so... Yes, it's an awful thing to say, but I bet you're not like me dreaming every night of that freshly brewed cup of coffee in the morning, are you?
ReplyDeleteIf you're a coffee drinker, I'd suggest stocking up. We did, and have about a year's supply.
ReplyDeleteGet Used to Expensive Coffee. And It’ll Probably Taste Worse Too
A global shortage of arabica coffee beans is tempting roasters to swap in the harsher robusta variety.
Coffee snobs have a lot to worry about right now. A global shortage of beans is already threatening to push up prices at cafes and supermarkets. Now, your morning cappuccino or latte might start leaving a bitter taste for other reasons too.
The world is facing a desperate shortfall of arabica coffee, the variety that gives the smoothest flavor and makes up about 60% of world production. Supplies were decimated after extreme weather destroyed crops, and with a La Nina pattern forecast through early 2022 expected to further hurt yields, it could take years for the market to recover. Arabica prices are surging to reflect the mounting crisis, while global shipping congestion is making it even harder to get beans where they are needed.
“This is not just a short-term issue,” said Kona Haque, who leads research at commodity trader ED&F Man in London. “It’s actually something that we’re going to be factoring in for the next couple of years.”
Coffee roasters and retailers must now decide whether to increase their own prices. But they’ve got another option too: arabica’s harsher cousin, robusta. Some are already using more of the cheaper variety, which is typically drunk in instant coffees and contains more caffeine that gives it a bitter flavor.
The crisis has its roots in Brazil, the world’s main supplier of arabica, where once-in-a-generation frosts followed droughts to wreak havoc on the crops. Crucially, it’s not just the current harvest that farmers have to worry about, some have been “stumping” or removing badly damaged trees; newly planted ones will take several years to mature. On top of that, they’re also grappling with surging costs for fertilizers and labor shortages.
“Looks like it’s setting up for a good conventional scrum…“
ReplyDeleteNot according to Russia.
2 Cups in the morning and one in the afternoon …
ReplyDeleteBlack rifle coffee company… it’s like Starbucks for MAGA…
ReplyDeletehttps://www.blackriflecoffee.com/
ReplyDeleteTea vs Coffee:
ReplyDeletehttps://youtu.be/E2nUVbelZ6U