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Thread: COFFEE RUST Crisis in South America

  1. #1

    Default COFFEE RUST Crisis in South America

    http://www.cbsnews.com/8301-202_162-...fee-emergency/

    "We have planted 667,000 acres (270,000 hectares) of coffee and of that 477,000 acres (193,000 hectares) have rust, affecting 70 percent of the total," he added.
    background:
    http://www.apsnet.org/edcenter/intro...offeeRust.aspx
    Last edited by presence; 02-09-2013 at 06:41 AM.
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  3. #2

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    Between this and the devalued dollar it's not unreasonable to expect $25.00lb Folgers by fall....

    Might be a good investment...

  4. #3

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    Quote Originally Posted by tod evans View Post
    Between this and the devalued dollar it's not unreasonable to expect $25.00lb Folgers by fall....

    Might be a good investment...
    Time to buy bulk. Nothing gets between me and my coffee.
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  5. #4

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    Quote Originally Posted by kathy88 View Post
    Time to buy bulk. Nothing gets between me and my coffee.

    Same here............Getting old and worrying about which stimulants are legal sucks

  6. #5
    Moderator jdmyprez_deo_vindice's Avatar
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    I am sure somebody will read this and wonder how a non-metallic biological life form can rust. To clear up the confusion:

    http://en.wikipedia.org/wiki/Rust_(fungus)
    "Governor, if I had foreseen the use those people
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    I would have preferred to die at Appomattox
    with my brave men, my sword in my right hand." - Robert E. Lee to Governor Fletcher S. Stockdale (D-Texas), 1870


  7. #6

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    NOOOOoooooooo...........

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  8. #7

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    Quote Originally Posted by tod evans View Post
    Between this and the devalued dollar it's not unreasonable to expect $25.00lb Folgers by fall....

    Might be a good investment...
    I strongly disagree. Coffee is very reslient to supply shocks, probably due to the enormous supply available for coffee, being a known cash crop throughout every hemisphere. Inflation, however, has proven to take its toll on something as ubiquitous as coffee.

  9. #8

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    Quote Originally Posted by jdmyprez_deo_vindice View Post
    I am sure somebody will read this and wonder how a non-metallic biological life form can rust. To clear up the confusion:

    http://en.wikipedia.org/wiki/Rust_(fungus)
    Thanks I was confused. I thought maybe the water supply was coating it with rust.

  10. #9

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    Hope it doesn't spread to the Rwanda crops.

  11. #10

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    Just say no to drugs! (caffeine)

  12. #11

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    buy up coffee and hoard it... itll be worth like gold.

  13. #12
    Member Keith and stuff's Avatar
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    Dollars stores sell whole bottles of caffeine pills for a dollar. If you buy in bulk, you might even be able to get caffeine cheaper online.
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    Mr. Republitarian FSP-Rebel's Avatar
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    I wonder what the % of people in this country is that consume coffee? I'm water only (outside of alcohol) and I'm well aware at how popular coffee is for the morning crowd.

  15. #14

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    Quote Originally Posted by FSP-Rebel View Post
    I wonder what the % of people in this country is that consume coffee? I'm water only (outside of alcohol) and I'm well aware at how popular coffee is for the morning crowd.
    I require a pot minimum to function........And that's strong coffee.

  16. #15

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    i think coffee and chocolate will become luxury food items soon. supply stays moderately the same, population grows.

  17. #16

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    All you guys need to invest in growing your own coffee beans. That's what I do.
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    une plume de Libertée GunnyFreedom's Avatar
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  19. #18
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    Quote Originally Posted by alucard13mmfmj View Post
    i think coffee and chocolate will become luxury food items soon. supply stays moderately the same, population grows.
    If the price of coffee gets too high, more people will switch to energy drinks, soda, tea or caffeine pills. I'm sure everything will work out. I see more of an issue with chocolate as the alternative options are potentially more limited.
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  20. #19

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    Thanks to speculators, who remove volatility from the market, you won't be able to profit from that. That shortage is already priced in by the market. You can only profit from information that is not available to everybody else too.

    Or to put it differently, it doesn't make any sense to buy now if you fear higher prices. If coffee is so durable that you can stock it, every seller can do the same and would have already done it, in which case today's prices already include the additional demand because of the coming supply shortage.

  21. #20

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    KONA coffee is $20 a pound... I buy wholesale direct from the main island



    only a matter of time before the DC subsidies/corporate welfare to Starbucks, et al, start flowing to keep prices down.

    PS: Starbucks coffee doesn't get my business
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    I just buy whatever is on sale @ Aldi , usually , for the small can , around $1.90, or a half gallon of gas ...





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