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How Coffee Futures Might Impact Customers After Brazil Crops Hit With Frost, Drought

The average price for a cup of joe is likely to increase somewhat after an unprecedented second frost, which followed a drought, hit Brazilian crops. Coffee futures jumped this month to a seven-year high. Damian Mason, farm owner, agricultural economist, and author of "Food Fear" doesn't see much cause for alarm in the short term, but he joined Cheddar's Closing Bell to provide some insight into why the coffee has hit its highest sale price since 2014.

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