Current location - Trademark Inquiry Complete Network - Futures platform - How does global warming affect the coffee in your hand?
How does global warming affect the coffee in your hand?
This year, farmers who grow coffee beans will usher in another bumper harvest year. It is estimated that the world will harvest more than 654.38+53 billion coffee beans with 60 kg specifications. However, such a good time may not last long.

As we know, countries that grow coffee beans are mainly distributed in areas between 25 degrees north and south latitude. Because coffee beans have adapted to a specific climate zone, even if the temperature rises by 0.5 degrees, it may have a huge impact on their output. For example, due to extreme weather and non-seasonal rainfall, the coffee bean production in India decreased by nearly 30% during 2002-20 1 1.

At present, experts generally believe that climate change will seriously affect the growth of coffee crops in the next 80 years. Affected by global warming and changes in rainfall patterns, the land currently planted with coffee beans will gradually become unsuitable for coffee bean growth. According to the statistics of the National Academy of Sciences, in Latin America alone, 90% of the land used to grow coffee may be "scrapped", while Ethiopia, as the sixth largest coffee bean producer in the world, may lose 60% of the land suitable for coffee bean growth in 2050. Another consequence of climate change is the appearance of fungi. In recent years, "coffee leaf rust" is spreading in Mexico and Central America. This disease caused by fungi swept the global coffee industry more than 40 years ago, and now it is making a comeback with the gradual warming of the climate. Sick coffee trees will die because of lack of nutrition. Arabica coffee beans susceptible to this disease are the most important commercial coffee varieties. Mexican agricultural scientist Carlos guadarrama and others predict that if this trend continues, half of the world's coffee beans will be extinct before 2050. Farmers who are unable to control pests and diseases can only choose other crops that are not easily affected by climate change, such as Robusta coffee beans with poor quality, so the quality of coffee will be greatly affected. You may think that 2050 is far away, but before that, you may not be able to afford coffee. At present, the futures price of coffee beans is 1.28 USD/lb, but it may rebound to the historical highest price of 3.39 USD/lb in recent years (1.977).

In order to cope with the possible coffee crisis, countries are also taking action. Coffee-producing countries are trying to adopt more environmentally friendly planting methods, and another way is to expand the coffee planting area. Shi Ying thinks that with the climate warming and the development of new technologies, Canada may become the next place to produce coffee.

Well, stock up on some coffee before the price goes up. Maybe you can't even afford coffee in a convenience store in the future.