Colombia Earthquake, Climate Change Push Up Global Coffee and Cocoa Prices
International coffee and cocoa prices are once again facing upward pressure due to a combination of factors that is concerning producers, exporters, and buyers. The earthquake that struck Colombia last week threatens to temporarily disrupt coffee harvesting and transportation in some of the country’s main producing regions, while climate change continues to create uncertainty over […]
Last week's earthquake in Colombia has exacerbated the climate crisis and sent global prices for coffee and cocoa soaring. The quake struck the country's main coffee-producing regions, threatening to temporarily disrupt harvesting and transportation. While coffee plantations have not suffered widespread damage, the earthquake has disrupted logistical operations, potentially delaying shipments to international markets during a period of reduced production due to extreme weather elsewhere.
Colombia's Coffee Axis, which includes Caldas and Risaralda departments, accounts for about a quarter of the country's coffee production. The earthquake has made it harder for workers to travel to farms and transport harvested coffee beans, increasing costs and uncertainty. The situation is further complicated by the broader climate crisis, which has already reduced coffee production in several regions.
Cocoa is also facing challenges, with production problems in West Africa and a market already pressured by climate change. The earthquake in Colombia adds to these pressures, creating a ripple effect on global coffee and cocoa prices.
Written by urgent.news from Colombia One's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
