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Coffee Shortage Percolating

Brazil likely to produce fewer beans next year

By Sarah Quinn,  Newser Staff

Posted Dec 9, 2008 12:42 PM CST

(Newser) – A smaller coffee crop in Brazil could lead to a worldwide shortage in 2009-2010, Bloomberg reports. And the news is already affecting prices: Arabica beans, the kind used by Starbucks, jumped yesterday after a Brazilian official warned of a 22% drop in output. Other countries...   Read full story »

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