Friday, January 2, 2015

Cup of Coffee Killed Me

Makes me $oft for the purcha$e, if you know what I mean, and quite a$hamed about it, too:

"In 2014, coffee prices percolated

WASHINGTON — Sellers of America’s favorite energy source, crude oil, had a rough year, with prices falling off a cliff. But the nation’s second-favorite energy source — coffee — has seen prices jump, making it the best-performing commodity of 2014. Droughts that hit the coffee belts sent the price of beans soaring: bad news for drinkers and diners but great news for investors, according to data from the financial-visualization service FinViz. The benchmark contract for 37,500 pounds of Arabica beans traded for about $1.68 a pound Wednesday, up from about $1.20 at the start of the year, according to ICE Futures. For futures traders, coffee was a better bet than gold, silver, or platinum — and far more energizing than crude, heating oil, and natural gas, which rounded out the three worst-performing commodities of the year. So why was coffee priced so high? Drought in Brazil and a fungus in Central America crimped the world’s supplies for much of the year. But rainfall returned to Brazil last month, raising expectations for this year’s crop."

Did you want another cup??? 

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