Kenya’s Weekly Coffee Sales Reach $10 Million

Kenya’s Coffee prices surged by three percent in the latest auction, driven by concerns of a global shortage exacerbated by heavy rains disrupting Brazilian crop yields. This spike propelled farmers’ overall earnings for the week to $10 million.

During this week’s auction, the price of the beverage soared to $245, up from $237 in the previous sale.

On Tuesday, both arabica and robusta coffee prices experienced significant increases in the world market, with arabica hitting a one-month high and…