Good to the Last Drip

March 1977
National Review;3/4/1977, Vol. 29 Issue 8, p253
This article focuses on the controversy generated by the surge in coffee prices in the global market. It is reported that the surge in coffee prices is being greeted by the usual Quixotic proposals and paranoid investigations. Switching to cocoa and tea would just drive those prices up. It is stated that the basic problem is, of course, bad weather and political turmoil in coffee-producing countries, combined with the unpleasant fact that it takes four years to grow a coffee crop. It is pointed that from 1956 to 1967, the trend in world coffee prices was downward. Petroleum too did not keep up with other prices.


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