Is it time for a coffee cartel?
[ad_1] SEOUL – Coffee prices have soared in recent years, owing to unfavorable weather conditions and supply shortages in major producing countries like Brazil, India and Vietnam. But even if consumers are paying more for their daily cup, coffee farmers are seeing little of the gain because they lack sufficient bargaining power.Since the 1950s, coffee has been among the world’s most-traded commodities — at one point, it ranked second behind […]