Why is Coffee Getting So Expensive? - In a Nutshell
-> Unpredictable weather in Brazil and Vietnam (the 2 biggest coffee producers)
-> Low yields
-> To make up for shortfalls, big commodity buyers start buying crop from low-end specialty markets.
-> Demand pushes Arabica market price up
-> High-end coffee producers see the high market price and start harvesting crops early/unripe, rushing to get it on the market and sell high
-> Exporters move to disincentivise this behaviour by guaranteeing even higher prices for high quality lots
-> I pay more, you pay more.