Posted on March 28, 2022.
Before delving into a technical analysis on the current coffee sector conditions in Brazil, I must first express my support to all the millions of innocent people whose lives have been affected by Russia’s invasion of Ukraine.
It’s clear many of the issues we face in coffee pale in comparison to the humanitarian issues currently affecting the people of Ukraine. Unfortunately, this crisis has been accompanied by global inflation, an ongoing logistical crisis, weakened economies, the COVID-19 pandemic, climatic emergencies, supply imbalances and more.
Making accurate coffee sector predictions in such a chaotic global scenario is nearly impossible, but I will nonetheless attempt to address some of the ways in which Russia’s attack on Ukraine may be affecting the coffee sector in Brazil.
Original Post: https://dailycoffeenews.com/2022/03/23/russias-war-in-ukraine-is-affecting-coffee-in-brazil/