Coffee News Recap, 28 Feb: Arabica futures drop below US $4/lb but remain high, Starbucks to cut over 1,100 corporate jobs
Every Friday, Perfect Daily Grind rounds up the top coffee industry news from the week. Editor’s note Two weeks after hitting US $4.41/lb, the highest number in the history of the C market, arabica futures dipped below $3.80. Precipitated by record exports from Brazil and a rebound in global arabica inventories, the downward trajectory isn’t […]