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flag Coffee prices reach 47-year high, affecting consumers and benefiting farmers.

flag Coffee prices have hit a 47-year high, with Arabica beans exceeding $3.44 per pound and Robusta reaching $5,694 per metric ton. flag This surge, driven by weather concerns in major producing countries like Brazil and Vietnam, is causing companies like Nestlé to raise prices and reduce packaging sizes. flag Despite concerns over future supplies, some argue that higher prices are beneficial for farmers who have been underpaid in the past.

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