An untimely frost has hit a number of Brazil’s key coffee producing areas, the second time this occurred this season. Reports of the frost have come from the Mogiana region of Sao Paolo, the southern part of the Cerrado region in Minas Gerais, South Minas and parts of Parana. It is reported that the frost has hit the tops of trees, which could affect the growth of new leaves, thus impacting the output for next season. The frost will not, however, affect the output of the current crop, which is being harvested at the moment.
Luckin Coffee to announce Q4 and full year 2024 results
Chinese coffee chain Luckin Coffee will release its fourth quarter and full year 2024 financial results before the United States...