Brazil weather may increase coffee prices

Because of the weather in Brazil the price of morning drinks can increase significantly: coffee and orange juice prices may increase soon, in addition the price of sugar is also on a four-year peak.

According to the article of Bloomberg drought hit the coffee plantations, too much rain occured at the orange plantations, while the sugar plantations are hit by frost.

Brazil is largest producer and exporter of the three products mentioned above, so if something happens in South America, it has impact on world market prices.