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Bad News for Coffee Drinkers UPDATE: Coffee Rust Spreads in Central America!
Sénior Friskies Show this Post
05-19-2014, 01:49 PM #1
Sénior Friskies Incognito Anonymous
 
UPDATE: Coffee rust reaches new heights in Central America

"For years, Hernan Argueta's small plot of coffee plants seemed immune to the fungus spreading elsewhere in Central America."

The fungus "failed to do much damage in the cooler elevations of Guatemala's mountains."

"Then, the weather changed."


"Temperatures warmed in the highlands and the yellow-orange spots spread to Argueta's plants. Since the warming trend was noted in 2012, the 46-year-old farmer said his family went from gathering a dozen 100-pound (45-kilogram) sacks of coffee beans each month to just five.

Now, Argueta is among the region's thousands of coffee farmers fighting the fungus called "coffee rust" in hopes they'll continue to supply the smooth-flavored, aromatic Arabica beans enjoyed by coffee lovers around the world. But with no cure for the fungus, and climate conditions expected to encourage its spread, they are bracing for a long, hard battle to survive."


Read more here: http://www.adn.com/2014/05/30/3494353/co...rylink=cpy

The price has risen here by about 60 cents a kilo since we first spotted the Central American farmers battling this, Has anyone else seen a rise in prices?

Updated: 6-2-2014 JayRodney


İmage

The U.S. government is stepping up efforts to help Central American farmers fight a devastating coffee disease — and hold down the price of your morning cup.

At issue is a fungus called coffee rust that has caused more than $1 billion in damage across Latin American region. The fungus is especially deadly to Arabica coffee, the bean that makes up most high-end, specialty coffees.

Already, it is affecting the price of some of those coffees in the United States.

“We are concerned because we know coffee rust is already causing massive amounts of devastation,” said Raj Shah, head of the U.S. Agency for International Development.

On Monday, he was expected to announce a $5 million partnership with Texas A&M University’s World Coffee Research center to try to eliminate the fungus.

But the government isn’t doing this just to protect our $4 specialty coffees, as much as Americans love them. The chief concern is about the economic security of these small farms abroad. If farmers lose their jobs, it increases hunger and poverty in the region and contributes to violence and drug trafficking.

Washington estimates that production could be down anywhere from 15 percent to 40 percent in coming years, and that those losses could mean as many as 500,000 people could lose their jobs. Though some countries have brought the fungus under control, many of the poorer coffee-producing countries in Latin America don’t see the rust problem getting better anytime soon.

- See more at: http://survivalbackpack.us/coffee-produc...88NES.dpuf

Get ready to get hit in the pocketbook again.
05-19-2014, 01:55 PM #2
Octo Mother Superior
Posts:42,985 Threads:1,473 Joined:Feb 2011
It's very sad. Last time we had crap like this go on the price of our coffee doubled tissueguy.gif
05-19-2014, 02:08 PM #3
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,393 Threads:1,439 Joined:Feb 2011
It has yet to come back down much *sigh* we buy only french roast espresso so it's more expensive than the acidic black water that used to pass for coffee.
A lot of it uses those sub par Robusta Beans reminds me of burnt plastic or rubber.
At any rate, I guess it's going to be time to stock up while the price is still within reach.
It's becoming more and more difficult to be a hipster coffee snob in Finland. coffeetime.gif

wonder.gif
Sénior Friskies Show this Post
05-19-2014, 02:11 PM #4
Sénior Friskies Incognito Anonymous
 
It's already expensive here too, and cutting into my beer money uhoh.gif
05-19-2014, 02:16 PM #5
Octo Mother Superior
Posts:42,985 Threads:1,473 Joined:Feb 2011
It has to be French roast coffeetime.gif
05-19-2014, 02:26 PM #6
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
sad2.gif that's going to cause a lot of misery for a lot of people.
I noticed my favorite kick ass beans on sale ($10/lb) I may have to go stock up.
05-19-2014, 02:27 PM #7
DaJavoo If looks could kilt
Posts:1,861 Threads:45 Joined:Mar 2011
(05-19-2014, 02:11 PM)Sénior Friskies Wrote:  It's already expensive here too, and cutting into my beer money uhoh.gif

Amen to that ~ the price has doubled over the last year alone.

I'm wondering about the cost effectiveness of crushing Vivarin in a cuppa hot water.

İmage
05-19-2014, 04:45 PM #8
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,393 Threads:1,439 Joined:Feb 2011
lol.gif Oh heavenly father, the taste... Man, that just brought back some awful college memories of the taste of NoDoze. damned.gif

wonder.gif
05-19-2014, 05:09 PM #9
j browsing Member
Posts:5,158 Threads:1,098 Joined:Jul 2012
didn't go up much here ..yet 13.gif

"when life gives you lemons..throw them at someone"...Grumpy Cat good.png
05-19-2014, 05:21 PM #10
Octo Mother Superior
Posts:42,985 Threads:1,473 Joined:Feb 2011
Not here either. Yet uhoh.gif
05-19-2014, 05:35 PM #11
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,393 Threads:1,439 Joined:Feb 2011
Supposedly it's an ongoing problem, it may not hit all at once. Speculators have been known to disrupt the market as well.

wonder.gif
06-02-2014, 12:54 PM #12
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,393 Threads:1,439 Joined:Feb 2011
UPDATE: Coffee rust reaches new heights in Central America

"For years, Hernan Argueta's small plot of coffee plants seemed immune to the fungus spreading elsewhere in Central America."

The fungus "failed to do much damage in the cooler elevations of Guatemala's mountains."

"Then, the weather changed."


"Temperatures warmed in the highlands and the yellow-orange spots spread to Argueta's plants. Since the warming trend was noted in 2012, the 46-year-old farmer said his family went from gathering a dozen 100-pound (45-kilogram) sacks of coffee beans each month to just five.

Now, Argueta is among the region's thousands of coffee farmers fighting the fungus called "coffee rust" in hopes they'll continue to supply the smooth-flavored, aromatic Arabica beans enjoyed by coffee lovers around the world. But with no cure for the fungus, and climate conditions expected to encourage its spread, they are bracing for a long, hard battle to survive."


Read more here: http://www.adn.com/2014/05/30/3494353/co...rylink=cpy

The price has risen here by about 60 cents a kilo since we first spotted the Central American farmers battling this, Has anyone else seen a rise in prices?

wonder.gif
06-04-2014, 10:43 AM #13
Kanigo2 Member
Posts:85 Threads:3 Joined:Mar 2013
Please dont believe these articles.

It has nothing to do with rust , must, bust, crust or gust.

Use your minds and mistrust.

This is a chart of the JO(coffee contracts)exchange traded fund for the last three years.

You will notice it fell for YEARS, the reason was the COFFEE CARTELS GOT BROKEN UP.(easily verifiable by simply googling it-they even have a coffee world union website, like OPEC for coffee... Remeber coffee is the most traded commodity in the world behind oil)

The fund started SHOOTING UP WHEN COCACOLA BOUGHT GREEN MOUNTAIN COFFEE.


The speculators got involved and shot up coffee prices from a historic low DIRECTLY OFF OF THE BOTTOM OF THE MARKET IN FEBRUARY.

JO AND CAFE etfs are still the number one market performers for the year.

Prices shouldn't be going up now, they should actually be going back down.

As an added caveat STARBUX stock acts inversly to the price of coffee, so in effect it was a duel trade through COCACOLA to CORNER THE CAFFIENE PRODUCTION OF THE WORLD.(CAFFIENE , soda.. Cough* yes. Also diuretics are the second most extracted thing from coffee, makes you discharge water)

Remember all the talk about COCACOLA EXECS GETTING MAJOR PAYOUTS RECENTLY AND WARREN BUFFET THE LARGEST STAKEHOLDER SAID NOTHING????

   



As an another added caveat, GREEN MOUNTAIN COFFEE has been repeatedly busted in SEC INSIDER TRADING, INCLUDING THE EXECS, THE FRONT SECRETARY AND EVEN THE HEAD NETWORK ADMIN.
COCACOLA was garnering even JEALOUS of that insider trading culture and wanted the TALENT INSIDE COCACOLA.
"The robbery culture"


Have fun!


(I hate to drop all this on you at once, but I've been trading it the whole time, all these events happened over the last six months and to see them happen in real time seems slow in comparison to simply writing out a thread about what has transpired, I've heard at least five "natural reasons" for a poor crop that NEVER materialized.....but all these events I am speaking of did and were the ACTUAL CATALYSTS that drove up coffee futures)

Seriously guys, you all know me, what do you believe honestly drove up coffee prices 170% in two weeks? A report of rust? Or balls out speculation in a market that was failing?........LOL)
06-04-2014, 02:32 PM #14
Shadow Mrs. Buckwheat
Posts:12,782 Threads:1,182 Joined:Feb 2011
reading.gif thanks Kanigo2 excellent post! I wonder if the same isn't happening in the pork market.
06-04-2014, 02:53 PM #15
JayRodney ⓐⓛⓘⓔⓝ
Posts:31,393 Threads:1,439 Joined:Feb 2011
wave.gif Hey Kanigo! Good to see you, and fantastic info you have on the speculation aspect. These reports of coffee rust may serve to fuel more speculation, thus driving the cost even higher.

wonder.gif



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