Coffee is big business in the United States. There are 150 million coffee drinkers drinking an average of 3.2 cups per day, according to recent statistics. This is nearly a half billion cups, just in the US.
This may seem like a lot, but when you consider that some sources say that the US isn’t even in the top 20 coffee drinking countries, it makes you wonder.
For how much coffee is being consumed, you would think that coffee must be grown all over. This is true to an extent. However, Brazil alone is responsible for over 25% of all coffee grown across the world.
Where it gets crazy is when you consider we reported in a previous article that the single biggest influence on coffee prices is the weather in Brazil.
So, how has their weather been going recently?
Bloomberg reports that it is being ravaged by deforestation…
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