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Coffee's coming glut may not be enough to calm volatile prices

Exchange-certified coffee stockpiles must be rebuilt before prices steady, which could eventually show up at your local café; for now, the beans are volatile.

Photo: Peachyeung316 · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0
▶ As it aired · Your Money

Watch it as it aired: Brock Thunderson and Hank Ledger on this story, from BBN This Morning at 7:06 AM ET. Cartoon anchors, real headline: the facts are The Straits Times's, the jokes are ours.

Photo: Coffee
Photo: Peachyeung316 · CC BY-SA 4.0 · Wikimedia Commons · altered by BBN, shared under CC BY-SA 4.0

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  1. Hank Ledger · Lead AnchorHere's one for your morning cup.

  2. Hank Ledger · Lead AnchorA glut of coffee is coming, which should mean cheaper lattes, but The Straits Times reports it may not calm the price swings.

  3. Brock Thunderson · Chief MeteorologistSounds good on the surface, but there's turbulence brewing underneath.

  4. Brock Thunderson · Chief MeteorologistPlenty of beans on the way, and your latte still gets hit with a surprise squall.

  5. Hank Ledger · Lead AnchorThe reason is the stockpiles. The warehouses that hold certified coffee need to be rebuilt before prices settle down, and right now they're thin.

  6. Brock Thunderson · Chief MeteorologistThin! So the coffee is coming, but the shelves are bare. That's a front stalled right over your cup, Hank.

  7. Hank Ledger · Lead AnchorStalled over a cup.

  8. Brock Thunderson · Chief MeteorologistAnd you'll feel it at the café.

  9. Brock Thunderson · Chief MeteorologistNot today, but eventually, the editors say, your five-dollar oat latte could climb or dip with no warning. I'd carry an umbrella for the foam.

  10. Hank Ledger · Lead AnchorI'd like one number, please. What does the latte cost?

  11. Brock Thunderson · Chief MeteorologistTwenty-nine point nine two inches of mercury and falling.

  12. Hank Ledger · Lead AnchorI'll have tea.

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