Wednesday, September 07, 2005
Hurricane Katrina Destroys 1.5 million Sacks of Coffee in New Orleans
New Orleans is a major shipping port for coffee from the America's and Africa. Now reports are coming out of New Orleans that up to 8% of the U.S. coffee consumption was destroyed by Hurricane Katrina.
Hurricane Katrina may have destroyed 1.5 million sacks of coffee stored at warehouses in New Orleans, raising the global price of coffee and benefiting coffee growers across the world, officials said yesterday. Green coffee is usually stored in warehoused for shipment to roasters.
Hurricane Katrina may have destroyed 1.5 million sacks of coffee stored at warehouses in New Orleans, raising the global price of coffee and benefiting coffee growers across the world, officials said yesterday. Green coffee is usually stored in warehoused for shipment to roasters.
