Coffee prices grind higher as growth in global crop fails to meet demand

Coffee prices grind higher as growth in global crop fails to meet demand

More robusta beans were exported globally in the first six months of the current season compared to the last three years

The global cost-of-living crunch has pushed coffee drinkers to get their fix from cheaper brews. But a shortage of robusta beans is making it increasingly difficult to find a budget-friendly cup.

While many coffee lovers prefer the high-quality arabica beans sold in cafes, robusta is normally less expensive because the tree is hardier and requires less care, making it easier to produce in large quantities. The variety is often used in instant coffee, espressos and ground blends sold at supermarkets, which have experienced a comeback as cash-strapped consumers seek alternatives.

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