No matter how they spend the rest of the day, millions of people around the world start it off with a cup of coffee. Almost one-third of that coffee is grown in Brazil, where the worst drought of the century has recently devastated much of the crop. As a result, caffeine lovers will probably soon be forced to pay more for their morning jolt.
Brazilian production has already been slashed from last year's harvest of 2 million tons to an estimated 1 million tons or less. Said Brazilian Coffee Farmer Paulo Ribeiro last week: "The trees are just dry sticks. They...
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