Saturday, December 21, 2024

Farmers Of Coffee In Brazil Face Drought, Wildfires

A devastating drought, coupled with raging wildfires, has struck Brazil’s coffee heartland, leaving farmers reeling and global coffee prices soaring. The world’s largest coffee producer is facing its worst drought in over seven decades, with catastrophic consequences for the upcoming harvest.

In the municipality of Caconde, Sao Paulo state, one of Brazil’s largest coffee-producing regions, farmers and residents joined forces to combat the inferno that ravaged around 50 farms, consuming an estimated 600 hectares of precious coffee plantations.

Helio Moreira de Araujo, a local coffee producer, surveyed the charred remains of his plantation, his voice laced with despair. “We’ve lost nearly half our expected harvest, 8,000 to 10,000 trees gone, and our yields slashed in half. It’s a disaster.”

The drought’s impact on the 2025/2026 coffee season is already being felt, with experts warning of potential supply shortages and skyrocketing prices.

READ MORE: Tunisia Presidential Candidates Vows To Campaign From Prison

Felippe Serigati, an agribusiness expert at the Getulio Vargas Foundation, cautioned, “The harsh weather conditions will likely result in reduced coffee yields, and the market is already reacting. We’re seeing higher prices for Arabica and Robusta coffee globally.”

The International Coffee Organization’s Composite Indicator Price has risen sharply, averaging $2.38 per pound in August, a staggering 55% increase from the same period last year. While the Organization predicts coffee production will outpace demand this year, tempering price hikes, farmers like Araujo remain anxious.

Vietnam, the world’s second-largest coffee producer, is also grappling with heat and drought, further exacerbating global supply concerns. As the coffee industry holds its breath, one thing is clear: Brazil’s coffee crisis will have far-reaching consequences for coffee lovers worldwide.

Hot this week

Budget of Restoration: Tinubu Aims for Economic Stability with N49.7trn Proposal

President Bola Ahmed Tinubu has unveiled a N49.7 trillion...

Nigeria’s Supreme Court, 14 MDAs Fail 2024 Ethics Test, ICPC Report Reveals

The Independent Corrupt Practices and Other Related Offences Commission...

Nigeria Health Watch reinforced efforts in tackling Health Misinformation

Nigeria Health Watch, a non governmental health advocacy and...

Apple Denies DRC Claims, Faces Legal Challenges Over Conflict Minerals

Apple has denied claims by the Democratic Republic of...

FG Slashes Import Duty and VAT on Gas Equipment to Spur Energy Transition

The Nigerian government has announced a policy eliminating import...

Peter Obi Offers to Fulfill Bail Conditions for Activist Dele Farotimi

Former Anambra State Governor, Peter Obi, has pledged to...

2025 Budget: FG Sets N27bn Aside for Obasanjo, Buhari, Gowon, and Others

The Nigerian government has earmarked N27 billion for the...

Apple Denies DRC Claims, Faces Legal Challenges Over Conflict Minerals

Apple has denied claims by the Democratic Republic of...

Yahaya Bello Regains Freedom After Meeting Bail Terms

Former Kogi State Governor Yahaya Bello was released from...

U.S. Announces $230 Million in New Aid for Sudan Amid Humanitarian Crisis

The United States has pledged an additional $230 million...

Stampede at Ibadan Event Leaves 35 Dead, Families Devastated

At least 35 children lost their lives in a...

Nigeria’s Supreme Court, 14 MDAs Fail 2024 Ethics Test, ICPC Report Reveals

The Independent Corrupt Practices and Other Related Offences Commission...

Hackers Breach Nigeria’s Statistics Website, Disrupt Access to Vital Data

Nigeria's National Bureau of Statistics (NBS) is scrambling to...

Related Articles

Popular Categories