In 1975 Brazil had a severe frost and coffee prices started to rise – reaching $3.399 in April 1977.
In July of 2021 Brazil had another frost (severity to be determined) and coffee prices started to rise. Using the US CPI Index, the value of $3 in 1977 would be the equivalent of $15 today.
Coffee CPI adjusted
Coffee long term
Coffee recent
Coffee Point & Figure
No comments:
Post a Comment