Why Your Coffee Might Cost MORE Soon

A lot of people start their days off with a nice, hot cup of Joe — or some iced coffee, if that’s what floats your boat!

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Mocha Madness

There’s a bunch of options for coffee in Disney World, with Starbucks and Joffrey’s locations located all around the parks, resorts, and Disney Springs. It’s even where you can find specialty items, like the exclusive drinks Joffrey’s makes for the EPCOT festivals! We’ve seen coffee prices go up in the past, and now, it looks like they could go up again soon.

The price of coffee could go up soon due to a poor harvest in Brazil, according to The Wall Street Journal. Farmers in the South American country are dealing with the fallout of a drought and then frost from last year. Some farmers even say that their crop of higher-end arabica coffee beans will be less than half what it can be during a good year.

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Coffee in Disney World

Brazil’s weather already drove the cost of coffee up in 2021, but if the crop of coffee beans is even smaller than expected this year, it could create a supply shortage around the world and cause new price increases. Brazil is the world’s biggest exporter of coffee by a wide margin. And, the bad weather has also affected the coffee industry in Colombia, which also produces a lot of the crop.

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Coffee at Disney’s Riviera Resort

The higher-end arabica coffee beans run in a two-year cycle and yields a bigger crop in even-numbered years. So, it’s a big deal for these kinds of coffee beans, since a yield of less than half of what it can be during a good year is expected. This should cause arabica coffee bean prices to go up once estimates for this year’s harvest start to wrap up.

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Coffee maker

Analysts were predicting that the arabica crop from Brazil for the 12 months starting in July could match the high record set two years ago at 48.7 million bags (with each holding 132 pounds of coffee), but the new final figure will most likely be a lot lower — an early forecast from Brazil is for only 35.7 million bags.

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Coffee at Animal Kingdom Lodge

Coffee farmer and president of the Minasul coffee cooperative told The Wall Street Journal that “this is a big crisis for us.” Over 9,000 members of Minasul commit to supplying a set amount of coffee each season, and this year, they will only be able to turn in half of what was promised. In 2020, 2.2 million bags of coffee were received, and this year, they expect to receive less than a million.

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Coffee Art at Joffrey’s

Global consumption of coffee will also run ahead of production for the second year in a row, according to the International Coffee Organization, which could also raise prices. U.S. household coffee bills have gone up significantly in the last year due to the coffee industry struggling with supply-chain issues and high costs. And, Fitch Solutions says that the stocks of coffee in the warehouses of the Intercontinental Exchange are the lowest they’ve been this century.

All of this will most likely lead to higher prices for coffee over the next 3-6 months.

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Joffrey’s Blend

This could definitely affect the coffee you’re buying around the Disney Parks and resorts. With Brazil being the world’s largest provider of coffee, we could see higher prices at places like Starbucks and Joffrey’s. Starbucks does buy coffee beans from Brazil, and we already saw a price increase at Starbucks earlier this year.

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Coffee in Magic Kingdom

And, according to Joffrey’s website, they “exclusively purchase Specialty Grade Arabica beans—an elite designation achieved by less than 10% of Arabica beans produced in the world.” Yep, those are the same beans that Brazil will producing a lot less of this season. But, these beans aren’t ONLY grown in Brazil, so the company could be buying them from somewhere else.

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Joffrey’s store in Disney Springs

We’ll keep you updated on any more coffee pricing news that could potentially affect your cup of Joe at the Disney Parks, so stay tuned to DFB for more.

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Do you drink coffee every day? Tell us in the comments.

The post Why Your Coffee Might Cost MORE Soon first appeared on the disney food blog.

source https://www.disneyfoodblog.com/2022/08/22/why-your-coffee-might-cost-more-soon/

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