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Droughts in top coffee-growing countries have shrunk the supply of beans. Supermarket brands like Nescafé and Folgers have already raised prices — but the world keeps drinking more and more coffee.
LONDON, June 6 (Reuters) - Nestle (NESN.S), opens new tab is piloting a scheme to give cash to coffee farmers who grow beans sustainably as part of its plan to halve greenhouse gas emissions in ...
“For us, producing coffee is our life,” said Mr. Herrera, 58, as workers hoisted 100-pound sacks of freshly harvested coffee beans, piling them atop stacks in his mill for processing.