Is the price of your morning coffee about to go through the roof? Fungus has caused $1BILLION worth of damage to beans
dailymail.co.uk / By Associated Press Reporter and Matthew Blake / May 19, 2014
The price of your morning latte, espresso or skinny caramel macchiato with an extra shot could be about to soar due to a killer fungus that is ravaging coffee harvests across Latin America.
Coffee rust, or roya, is a yellow and orange-colored fungus that has devastated coffee fields from Mexico to Peru over the past two years,causing more than $1 billion in damage across the region.
Its damage has become so severe that the U.S. government has launched a $5million drive to help farmers in the worst-hit regions in a desperate bid to save the industry and keep coffee cheap.
But aside from fears over the cost of a cappuccino on the American high street, the real concern is for the thousands of small, family-run farms whose livelihoods hang in the balance after watching entire crops be devoured by the disease.