Globally, we drink more than two billion cups of coffee per day – yet the world’s favourite hot beverage comes with some unwelcome consequences.

In coffee-producing nations such as Colombia, farmers are vulnerable to fluctuations in price, which can impact how much they’re paid. The price of coffee on the New York Stock Exchange plummeted from $1.55 (£1.18) per pound (454g) at the end of 2016 to less than $1 (£0.77) per pound in September 2018. This led Brazil and Colombia, the world’s two biggest producers, to publish a joint statement declaring that farmers were being forced to sell their coffee at far below cost price.

However, the lack of pickers caused by the COVID-19 pandemic in Colombia contributed to a coffee shortage, while droughts in Brazil have also greatly impacted production capacity and as a result the price of coffee has started to climb.

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