Coffee prices are set to soar due to drought in this country

In Brazil, the world’s largest coffee producer, Almeida and other farmers have started grappling with the nation’s worst drought in more than seven decades and above-average temperatures.

Silvio Almeida’s coffee plantation sits at an ideal altitude on a Brazilian hillside, whose clay-rich soil does well at retaining moisture from rainfall and a nearby reservoir.

Lately, though, water is scarce on Almeida’s modest farm in Caconde, a town in one of Sao Paulo state’s key growing regions. He can’t get his coffee to grow the way it should.

In Brazil, the world’s largest coffee producer, Almeida and other farmers have started grappling with the nation’s worst drought in more than seven decades and above-average temperatures. Almeida expected to harvest 120 sacks of coffee beans this harvest season, but instead managed just 100.