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Brazil's drought creates a surge in global coffee prices

Global coffee consumption continues to rise.

If you happen to be drinking your morning coffee right now you might want to take a few extra moments to savor it...

A severe drought in Brazil has hit its coffee-growing region hard in recent months, helping to push prices up and ruining crops in the world's biggest coffee producing country. 

So what does it mean for farmers in Brazil -- and for the price of your cappuccino?

The BBC's Katie Watson joins Marketplace's Stacey Vanek Smith to discuss. 

About the author

Stacey Vanek Smith is a senior reporter for Marketplace, where she covers banking, consumer finance, housing and advertising.

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